£566,389
This estimated value is based upon the latest sale price for the house of £550,000 on 8 Apr 2022. 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 |
|---|---|
| £550,000 | 8 Apr 2022 |
| £198,000 | 8 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 April 2022 the House Price Index for HERTFORDSHIRE was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £550,000 results in an estimated price of approximately £566,389.
| 8 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £550,000 | £16,389 | £566,389 |
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 | -41.707 % | £-229,391 | £320,608 |
| 3 Month Average | -19.687 % | £-108,276 | £441,723 |
| 6 Month Average | -13.621 % | £-74,914 | £475,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £506,821 | £500,000 | 1 ARWOOD MEWS |
| 21 Jul 2023 | £456,139 | £450,000 | 71A HIGH STREET |
| 17 Mar 2023 | £105,999 | £105,000 | 4 ELMWOOD COURT HIGH STREET |
| 28 Feb 2023 | £92,937 | £93,000 | 30 ELMWOOD COURT HIGH STREET |
| 29 Jul 2022 | £300,810 | £300,000 | 9 PINNOCKS LANE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 13 May 2014. Using an estimated price of £566,390 means this house is valued at £4,799 per sq meter (£445 per sq foot).
The average size of a house on HIGH STREET is 66 sq meters (714 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Pinnocks Close | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinnocks Close |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station |