£754,264
This estimated value is based upon the latest sale price for the house of £615,000 on 25 Nov 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 |
---|---|
£615,000 | 25 Nov 2019 |
£175,000 | 31 Mar 1999 |
£151,000 | 28 May 1997 |
Semi-Detached |
Freehold |
Floor Area: 130 sq meters or 1,399 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 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £615,000 results in an estimated price of approximately £754,264.
25 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £615,000 | £139,264 | £754,264 |
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 | 9.964 % | £61,278 | £676,278 |
3 Month Average | 12.222 % | £75,166 | £690,166 |
6 Month Average | 8.157 % | £50,166 | £665,166 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £337,957 | £335,000 | 1 WOMBACK YARD |
23 Feb 2023 | £319,785 | £320,000 | ELEPHANT COTTAGE TRANTERS MEWS WHITEHORSE STREET |
24 Aug 2022 | £234,369 | £235,000 | FLAT 2 8 WHITEHORSE STREET |
28 Jul 2022 | £325,877 | £325,000 | FLAT 5 8 WHITEHORSE STREET |
22 Jul 2022 | £350,945 | £350,000 | FLAT 1 8 WHITEHORSE STREET |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 2 Feb 2018. Using an estimated price of £754,264 means this house is valued at £5,802 per sq meter (£539 per sq foot).
The average size of a house on ORCHARD ROAD is 99 sq meters (1,072 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tranters Mews |
Mar 2024 | Drugs | Under investigation | On or near Tranters Mews |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Womback Yard |
Mar 2024 | Anti-social behaviour | On or near Station Road | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |