£436,445
This estimated value is based upon the latest sale price for the house of £162,000 on 20 Sep 2002. 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 |
---|---|
£162,000 | 20 Sep 2002 |
£77,000 | 31 Mar 1999 |
£66,950 | 21 Jul 1995 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,038 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 September 2002 the House Price Index for HERTFORDSHIRE was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £162,000 results in an estimated price of approximately £436,445.
20 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 148.6 | 169.411 % | £162,000 | £274,445 | £436,445 |
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 | 164.391 % | £266,312 | £428,312 |
3 Month Average | 78.403 % | £127,012 | £289,012 |
6 Month Average | 142.271 % | £230,479 | £392,479 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £119,528 | £118,000 | 32 ARBURY PLACE |
28 Jun 2023 | £344,169 | £340,000 | 63 LARKINS CLOSE |
17 Mar 2023 | £297,806 | £295,000 | 12 ARBURY PLACE |
15 Mar 2023 | £287,711 | £285,000 | 7 ARBURY PLACE |
6 Jan 2023 | £292,124 | £293,500 | 45 ARBURY PLACE |
This house has a floor area of 96 sq meters or 1,038 sq feet when measured on 19 May 2009. Using an estimated price of £436,445 means this house is valued at £4,522 per sq meter (£420 per sq foot).
The average size of a house on LAUREL MEWS is 82 sq meters (888 sq feet).
This house is the largest in the street with a floor area of 96 sq meters (1,038 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arbury Place |
Mar 2024 | Anti-social behaviour | On or near Station Road | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
Mar 2024 | Anti-social behaviour | On or near Station Road |