£308,850
This estimated value is based upon the latest sale price for the house of £250,000 on 18 Oct 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 |
|---|---|
| £250,000 | 18 Oct 2019 |
| Terraced |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £250,000 results in an estimated price of approximately £308,850.
| 18 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £250,000 | £58,850 | £308,850 |
The Postcode Pricing Model uses changes in average sales price within the SG6 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 | -5.546 % | £-13,864 | £236,135 |
| 3 Month Average | 4.362 % | £10,905 | £260,905 |
| 6 Month Average | 5.758 % | £14,395 | £264,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £338,914 | £328,500 | 71 UPPER MAYLINS |
| 31 Oct 2023 | £383,715 | £375,000 | 18 WHITECHURCH GARDENS |
| 1 Sep 2023 | £434,580 | £425,000 | 14 CHALKFIELD |
| 31 Aug 2023 | £300,418 | £295,000 | 6 RUDHAM GROVE |
| 9 Mar 2023 | £284,755 | £280,000 | 5 RUDHAM GROVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 11 Oct 2018. Using an estimated price of £308,850 means this house is valued at £5,063 per sq meter (£470 per sq foot).
The average size of a house on CHALKFIELD is 63 sq meters (685 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Creamery Court |
| Aug 2024 | Anti-social behaviour | On or near Creamery Court | |
| Aug 2024 | Anti-social behaviour | On or near Creamery Court | |
| Sep 2024 | Anti-social behaviour | On or near Baldock Lane | |
| Aug 2024 | Anti-social behaviour | On or near Baldock Lane |