£274,441
This estimated value is based upon the latest sale price for the house of £164,000 on 29 May 2013. 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 |
|---|---|
| £164,000 | 29 May 2013 |
| £150,000 | 12 Mar 2007 |
| £160,000 | 16 Dec 2005 |
| £140,000 | 30 Nov 2004 |
| £105,000 | 4 Jul 2002 |
| £48,500 | 13 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 May 2013 the House Price Index for HERTFORDSHIRE was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £164,000 results in an estimated price of approximately £274,441.
| 29 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £164,000 | £110,441 | £274,441 |
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 | 41.606 % | £68,234 | £232,234 |
| 3 Month Average | 65.254 % | £107,016 | £271,016 |
| 6 Month Average | 51.950 % | £85,197 | £249,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £397,584 | £392,500 | 2 MANSFIELD ROAD |
| 1 Sep 2023 | £293,756 | £290,000 | 33 ALDER CLOSE |
| 31 Aug 2023 | £620,428 | £615,000 | 46 ALDER CLOSE |
| 28 Jul 2023 | £380,116 | £375,000 | 14 MANSFIELD ROAD |
| 27 Apr 2023 | £416,990 | £412,500 | 15 HOLROYD CRESCENT |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 25 Apr 2012. Using an estimated price of £274,441 means this house is valued at £3,977 per sq meter (£369 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Drive |
| Apr 2024 | Anti-social behaviour | On or near Park Crescent | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Crescent |
| Apr 2024 | Anti-social behaviour | On or near Park Crescent |