£509,521
This estimated value is based upon the latest sale price for the house of £402,000 on 28 Sep 2017. 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 |
|---|---|
| £402,000 | 28 Sep 2017 |
| £63,500 | 11 Aug 1995 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2017 the House Price Index for HERTFORDSHIRE was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £402,000 results in an estimated price of approximately £509,521.
| 28 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £402,000 | £107,521 | £509,521 |
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 | 39.785 % | £159,935 | £561,935 |
| 3 Month Average | -7.441 % | £-29,911 | £372,088 |
| 6 Month Average | 21.031 % | £84,542 | £486,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £243,607 | £240,000 | FLAT 48 MAGDALENE COURT, 2 ROYSTON ROAD |
| 25 Aug 2023 | £418,663 | £415,000 | 16 GROSVENOR ROAD |
| 13 Jun 2023 | £293,556 | £290,000 | FLAT 42 MAGDALENE COURT, 2 ROYSTON ROAD |
| 18 Apr 2023 | £237,558 | £235,000 | FLAT 21 MAGDALENE COURT, 2 ROYSTON ROAD |
| 14 Jul 2022 | £586,579 | £585,000 | 14 GROSVENOR ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 27 Mar 2017. Using an estimated price of £509,521 means this house is valued at £6,290 per sq meter (£584 per sq foot).
The average size of a house on GROSVENOR ROAD WEST is 106 sq meters (1,143 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grosvenor Road West |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Road West |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Thurnall Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arbury Place |
| Mar 2024 | Anti-social behaviour | On or near Bramley Close |