£298,556
This estimated value is based upon the latest sale price for the house of £250,000 on 6 Aug 2020. 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 | 6 Aug 2020 |
| £250,000 | 27 Mar 2020 |
| £77,500 | 21 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 August 2020 the House Price Index for HERTFORDSHIRE was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £250,000 results in an estimated price of approximately £298,556.
| 6 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £250,000 | £48,556 | £298,556 |
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 | 5.791 % | £14,478 | £264,478 |
| 3 Month Average | 32.072 % | £80,180 | £330,180 |
| 6 Month Average | 24.023 % | £60,056 | £310,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Sep 2022 | £281,575 | £285,000 | 46 WALNUT AVENUE |
| 28 Mar 2022 | £294,142 | £285,000 | 97 CLOTHALL ROAD |
| 11 Dec 2020 | £537,247 | £470,000 | 36 ROMAN LANE |
| 4 Sep 2020 | £322,255 | £272,500 | 5 LAXTON GARDENS |
| 26 Aug 2020 | £306,916 | £257,000 | 23 SOUTH ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 25 Mar 2019. Using an estimated price of £298,556 means this house is valued at £5,971 per sq meter (£554 per sq foot).
The average size of a house on SOUTH ROAD is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Road |
| Feb 2024 | Anti-social behaviour | On or near South Road | |
| Feb 2024 | Anti-social behaviour | On or near South Road | |
| Feb 2024 | Anti-social behaviour | On or near South Road | |
| Apr 2024 | Anti-social behaviour | On or near Clothall Corner |