£1,807,035
This estimated value is based upon the latest sale price for the house of £1,400,000 on 23 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 |
|---|---|
| £1,400,000 | 23 Jun 2017 |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 £1,400,000 results in an estimated price of approximately £1,807,035.
| 23 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £1,400,000 | £407,035 | £1,807,035 |
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 % | £-126,622 | £1,273,377 |
| 3 Month Average | 3.956 % | £55,383 | £1,455,383 |
| 6 Month Average | 7.187 % | £100,612 | £1,500,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £264,775 | £260,000 | 7 KNIGHTS COURT WESTON WAY |
| 31 Mar 2023 | £406,793 | £400,000 | 9 CLARE CRESCENT |
| 24 Mar 2023 | £416,963 | £410,000 | 3 MONS AVENUE |
| 24 Mar 2023 | £393,573 | £387,000 | 36 LONDON ROAD |
| 10 Mar 2023 | £254,246 | £250,000 | 66 LONDON ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 14 Apr 2016. Using an estimated price of £1,807,036 means this house is valued at £12,548 per sq meter (£1,165 per sq foot).
The average size of a house on LONDON ROAD is 85 sq meters (919 sq feet).
This house is the largest in the street with a floor area of 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Ashton'S Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Clare Crescent |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Clare Crescent |
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Clare Crescent |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Clare Crescent |