£675,517
This estimated value is based upon the latest sale price for the house of £120,000 on 31 May 1995. 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 |
|---|---|
| £120,000 | 31 May 1995 |
| Detached |
| Freehold |
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 1995 the House Price Index for HERTFORDSHIRE was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 462.931%.Applying this 462.931% change to the original purchase price of £120,000 results in an estimated price of approximately £675,517.
| 31 May 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 462.931 % | £120,000 | £555,517 | £675,517 |
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 | 428.878 % | £514,653 | £634,653 |
| 3 Month Average | 293.912 % | £352,694 | £472,694 |
| 6 Month Average | 420.784 % | £504,940 | £624,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £398,486 | £395,000 | 14 SOUTH CLOSE |
| 2 Aug 2023 | £337,957 | £335,000 | 24 SOUTH CLOSE |
| 31 Jul 2023 | £506,821 | £500,000 | 1 ARWOOD MEWS |
| 29 Jul 2022 | £300,810 | £300,000 | 9 PINNOCKS LANE |
| 15 Jul 2022 | £348,438 | £347,500 | 27 PINNOCKS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Pinnocks Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pinnocks Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Road |
| Feb 2024 | Anti-social behaviour | On or near South Road |