£431,681
This estimated value is based upon the latest sale price for the house of £350,000 on 31 Jul 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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9 Arena Parade, Letchworth, SG6 3BY
Phone: 01462228759
| Price Paid | Date |
|---|---|
| £350,000 | 31 Jul 2019 |
| £290,000 | 13 May 2015 |
| £195,000 | 2 Apr 2009 |
| £192,000 | 27 Jul 2007 |
| Terraced |
| Leasehold |
| Floor Area: 97 sq meters or 1,044 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 July 2019 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £350,000 results in an estimated price of approximately £431,681.
| 31 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £350,000 | £81,681 | £431,681 |
The Postcode Pricing Model uses changes in average sales price within the SG6 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 | -20.739 % | £-72,585 | £277,414 |
| 3 Month Average | 21.163 % | £74,069 | £424,069 |
| 6 Month Average | 22.993 % | £80,475 | £430,475 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £263,907 | £260,000 | 13 OLD WESTBURY |
| 22 Sep 2023 | £597,641 | £590,000 | 14 PARKER CLOSE |
| 30 Jun 2023 | £784,503 | £775,000 | 59 WEST VIEW |
| 20 Jun 2022 | £570,056 | £562,000 | 34 PARKER CLOSE |
| 10 Jun 2022 | £395,590 | £390,000 | 28 CAMPERS AVENUE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 3 Mar 2015. Using an estimated price of £431,681 means this house is valued at £4,450 per sq meter (£413 per sq foot).
The average size of a house on WEST VIEW is 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West View |
| Mar 2024 | Anti-social behaviour | On or near Spring Road | |
| Feb 2024 | Anti-social behaviour | On or near Spring Road | |
| Feb 2024 | Anti-social behaviour | On or near Spring Road | |
| Feb 2024 | Anti-social behaviour | On or near Spring Road |