£877,703
This estimated value is based upon the latest sale price for the house of £751,500 on 6 Nov 2020. 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 |
---|---|
£751,500 | 6 Nov 2020 |
Detached |
Freehold |
Floor Area: 163 sq meters or 1,754 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 November 2020 the House Price Index for HERTFORDSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £751,500 results in an estimated price of approximately £877,703.
6 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £751,500 | £126,203 | £877,703 |
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 | -16.581 % | £-124,602 | £626,897 |
3 Month Average | -11.905 % | £-89,469 | £662,030 |
6 Month Average | 4.291 % | £32,244 | £783,744 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £613,525 | £600,000 | 9 - 15 HITCHIN STREET |
20 Sep 2023 | £207,065 | £202,500 | FLAT 3 14 HITCHIN STREET |
30 Aug 2023 | £600,837 | £590,000 | 10 PARK STREET |
11 Apr 2023 | £278,581 | £273,370 | 15 PEPPER COURT |
16 Feb 2023 | £296,984 | £295,000 | 5 CAMBRIDGE HOUSE, 16 HITCHIN STREET |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 28 Jul 2021. Using an estimated price of £877,704 means this house is valued at £5,384 per sq meter (£500 per sq foot).
The average size of a house on PARK STREET is 156 sq meters (1,680 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Theft from the person | Under investigation | On or near Park Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Street |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Musgrove Maltings |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Old Musgrove Maltings |
May 2024 | Violence and sexual offences | Under investigation | On or near Old Musgrove Maltings |