£401,744
This estimated value is based upon the latest sale price for the house of £325,000 on 7 May 2019. 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 |
|---|---|
| £325,000 | 7 May 2019 |
| £213,000 | 28 Sep 2012 |
| £150,000 | 14 Dec 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2019 the House Price Index for HERTFORDSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £325,000 results in an estimated price of approximately £401,744.
| 7 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £325,000 | £76,744 | £401,744 |
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 | -30.717 % | £-99,829 | £225,170 |
| 3 Month Average | 9.035 % | £29,364 | £354,364 |
| 6 Month Average | 4.338 % | £14,099 | £339,099 |
| 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 |
| 28 Feb 2023 | £92,937 | £93,000 | 30 ELMWOOD COURT HIGH STREET |
| 29 Jul 2022 | £300,810 | £300,000 | 9 PINNOCKS LANE |
| 14 Jun 2022 | £106,505 | £105,000 | 35 ELMWOOD COURT HIGH STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 14 Oct 2015. Using an estimated price of £401,745 means this house is valued at £5,085 per sq meter (£472 per sq foot).
The average size of a house on PINNOCKS LANE is 93 sq meters (1,004 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 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Close |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |