£366,612
This estimated value is based upon the latest sale price for the house of £360,000 on 31 Aug 2023. 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 |
---|---|
£360,000 | 31 Aug 2023 |
£304,500 | 10 Jan 2020 |
£290,000 | 15 Mar 2018 |
£224,995 | 29 Aug 2014 |
£182,500 | 23 Mar 2012 |
£163,000 | 29 May 2009 |
£155,995 | 28 Mar 2003 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 August 2023 the House Price Index for HERTFORDSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £360,000 results in an estimated price of approximately £366,612.
31 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £360,000 | £6,612 | £366,612 |
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 | -3.586 % | £-12,908 | £347,091 |
3 Month Average | -16.472 % | £-59,298 | £300,701 |
6 Month Average | -12.164 % | £-43,791 | £316,208 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £312,944 | £305,000 | 36 MERCIA ROAD |
4 Oct 2023 | £347,902 | £340,000 | 57 MERCIA ROAD |
20 Sep 2023 | £342,551 | £335,000 | 16 WYNN CLOSE |
31 Aug 2023 | £366,612 | £360,000 | 64 MERCIA ROAD |
31 Aug 2023 | £488,816 | £480,000 | 63 MERCIA ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 19 Aug 2019. Using an estimated price of £366,612 means this house is valued at £4,888 per sq meter (£454 per sq foot).
The average size of a house on MERCIA ROAD is 72 sq meters (775 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Mercia Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Westell Close |
Apr 2024 | Anti-social behaviour | On or near Wynn Close | |
Apr 2024 | Anti-social behaviour | On or near Wynn Close | |
Apr 2024 | Anti-social behaviour | On or near Wynn Close |