£234,263
This estimated value is based upon the latest sale price for the house of £166,500 on 23 Oct 2015. 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 |
|---|---|
| £166,500 | 23 Oct 2015 |
| £78,000 | 18 Jul 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 October 2015 the House Price Index for HERTFORDSHIRE was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £166,500 results in an estimated price of approximately £234,263.
| 23 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £166,500 | £67,763 | £234,263 |
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 | 39.411 % | £65,619 | £232,119 |
| 3 Month Average | 41.680 % | £69,397 | £235,897 |
| 6 Month Average | 36.997 % | £61,599 | £228,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £565,447 | £560,500 | 49 LONDON ROAD |
| 31 Mar 2023 | £403,804 | £400,000 | 9 CLARE CRESCENT |
| 24 Mar 2023 | £390,681 | £387,000 | 36 LONDON ROAD |
| 10 Mar 2023 | £388,662 | £385,000 | 109 CHILTERN ROAD |
| 10 Mar 2023 | £252,378 | £250,000 | 66 LONDON ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 5 Sep 2019. Using an estimated price of £234,263 means this house is valued at £3,970 per sq meter (£368 per sq foot).
The average size of a house on LONDON ROAD is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Ashton'S Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ashton'S Lane |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Chiltern Road |
| Apr 2024 | Anti-social behaviour | On or near Chiltern Road | |
| Mar 2024 | Anti-social behaviour | On or near Beechwood Close |