£396,700
This estimated value is based upon the latest sale price for the house of £237,000 on 21 Mar 2013. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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7 Howard Park Corner, Letchworth Garden City, SG6 1PQ
Phone: 01462228746
Price Paid | Date |
---|---|
£237,000 | 21 Mar 2013 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 sq feet |
This model uses changes in the Official Land Registry House Price Index for HERTFORDSHIRE to estimate the market value.
When this house was purchased in March 2013 the House Price Index for HERTFORDSHIRE was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £237,000 results in an estimated price of approximately £396,700.
21 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.6 | 67.384 % | £237,000 | £159,700 | £396,700 |
The Postcode Pricing Model uses changes in average sales price within the SG7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 34.689 % | £82,212 | £319,212 |
3 Month Average | 60.283 % | £142,870 | £379,870 |
6 Month Average | 51.396 % | £121,807 | £358,807 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £607,771 | £600,000 | 9 - 15 HITCHIN STREET |
20 Sep 2023 | £205,123 | £202,500 | FLAT 3 14 HITCHIN STREET |
30 Aug 2023 | £595,207 | £590,000 | 10 PARK STREET |
16 Feb 2023 | £294,802 | £295,000 | 5 CAMBRIDGE HOUSE, 16 HITCHIN STREET |
16 Feb 2023 | £399,731 | £400,000 | 10 SADDLERS CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 30 Jan 2013. Using an estimated price of £396,701 means this house is valued at £5,667 per sq meter (£526 per sq foot).
The average size of a house on MUSGROVE MALTINGS is 120 sq meters (1,292 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Old Musgrove Maltings |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Old Musgrove Maltings |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Old Musgrove Maltings |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Musgrove Maltings |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Musgrove Maltings |