£157,566
This estimated value is based upon the latest sale price for the house of £34,000 on 6 Nov 1998. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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9 Arena Parade, Letchworth, SG6 3BY
Phone: 01462228759
| Price Paid | Date |
|---|---|
| £34,000 | 6 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 1998 the House Price Index for HERTFORDSHIRE was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £34,000 results in an estimated price of approximately £157,566.
| 6 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.431 % | £34,000 | £123,566 | £157,566 |
The Postcode Pricing Model uses changes in average sales price within the SG6 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 | 346.902 % | £117,946 | £151,946 |
| 3 Month Average | 441.463 % | £150,097 | £184,097 |
| 6 Month Average | 396.509 % | £134,813 | £168,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Feb 2023 | £454,694 | £455,000 | 161 BEDFORD ROAD |
| 16 Aug 2022 | £436,824 | £438,000 | 127 BEDFORD ROAD |
| 30 Jun 2022 | £1,314,578 | £1,296,000 | 13 WILBURY ROAD |
| 31 Mar 2022 | £362,692 | £350,000 | 46 ELDEFIELD |
| 11 Feb 2022 | £432,586 | £412,500 | 137 BEDFORD ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 2 Oct 2018. Using an estimated price of £157,566 means this house is valued at £3,664 per sq meter (£340 per sq foot).
The average size of a house on BEDFORD ROAD is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Arlesey New Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Arlesey New Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arlesey New Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near David Evans Court |
| Jan 2024 | Anti-social behaviour | On or near David Evans Court |