£586,559
This estimated value is based upon the latest sale price for the house of £472,000 on 31 Dec 2018. 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 |
---|---|
£472,000 | 31 Dec 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 204 sq meters or 2,195 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 December 2018 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £472,000 results in an estimated price of approximately £586,559.
31 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £472,000 | £114,559 | £586,559 |
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 | -7.992 % | £-37,724 | £434,275 |
3 Month Average | 2.048 % | £9,668 | £481,668 |
6 Month Average | 7.566 % | £35,713 | £507,713 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 May 2024 | £200,000 | £200,000 | 12 PEPPER COURT |
15 Dec 2023 | £222,848 | £216,000 | 12 RIDDELL GARDENS |
28 Nov 2023 | £241,121 | £235,000 | 20 RIDDELL GARDENS |
11 Apr 2023 | £278,581 | £273,370 | 15 PEPPER COURT |
20 Mar 2023 | £203,397 | £200,000 | 1 RIDDELL GARDENS |
This house has a floor area of 204 sq meters or 2,195 sq feet when measured on 12 Dec 2016. Using an estimated price of £586,559 means this house is valued at £2,875 per sq meter (£267 per sq foot).
The average size of a house on HIGH STREET is 66 sq meters (714 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Simpson Drive |
May 2024 | Anti-social behaviour | On or near Simpson Drive | |
May 2024 | Anti-social behaviour | On or near Simpson Drive | |
May 2024 | Anti-social behaviour | On or near Simpson Drive | |
Jul 2024 | Anti-social behaviour | On or near High Street |