£335,592
This estimated value is based upon the latest sale price for the house of £260,000 on 8 Jun 2017. 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 |
---|---|
£260,000 | 8 Jun 2017 |
Semi-Detached |
Freehold |
Floor Area: 62 sq meters or 671 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 June 2017 the House Price Index for HERTFORDSHIRE was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £260,000 results in an estimated price of approximately £335,592.
8 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £260,000 | £75,592 | £335,592 |
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 | -9.044 % | £-23,515 | £236,484 |
3 Month Average | 3.956 % | £10,285 | £270,285 |
6 Month Average | 7.187 % | £18,685 | £278,685 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Apr 2023 | £452,463 | £444,000 | 3 THE RISE |
30 Nov 2022 | £447,906 | £450,000 | 1 THE LEAS |
10 Nov 2022 | £423,022 | £425,000 | 56 WESTON WAY |
17 Jun 2022 | £505,812 | £495,000 | 2 CHILVERS BANK |
14 Feb 2022 | £394,059 | £373,000 | 42 WESTON WAY |
This house has a floor area of 62 sq meters or 671 sq feet when measured on 17 Jul 2009. Using an estimated price of £335,592 means this house is valued at £5,378 per sq meter (£499 per sq foot).
The average size of a house on CHILVERS BANK is 98 sq meters (1,055 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (671 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near The Rise | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near The Leas |
Jul 2024 | Violence and sexual offences | Under investigation | On or near The Leas |
Jul 2024 | Possession of weapons | Under investigation | On or near The Leas |
Jul 2024 | Violence and sexual offences | Under investigation | On or near The Leas |