£258,588
This estimated value is based upon the latest sale price for the house of £168,000 on 25 Jul 2014. 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 |
|---|---|
| £168,000 | 25 Jul 2014 |
| £161,000 | 28 Aug 2009 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 July 2014 the House Price Index for HERTFORDSHIRE was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £168,000 results in an estimated price of approximately £258,588.
| 25 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £168,000 | £90,588 | £258,588 |
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 | 67.495 % | £113,391 | £281,391 |
| 3 Month Average | 59.747 % | £100,375 | £268,375 |
| 6 Month Average | 65.070 % | £109,317 | £277,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £243,745 | £240,000 | 1 JARDEN |
| 31 Oct 2023 | £301,856 | £295,000 | 33 PARKFIELD |
| 18 Aug 2023 | £285,143 | £280,000 | 20 KYRKEBY |
| 4 Aug 2023 | £330,969 | £325,000 | 19 LANNOCK |
| 24 Apr 2023 | £295,528 | £290,000 | 58 LANNOCK |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 21 Jan 2014. Using an estimated price of £258,588 means this house is valued at £2,841 per sq meter (£263 per sq foot).
The average size of a house on LANNOCK is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lannock |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lannock |
| Apr 2024 | Anti-social behaviour | On or near Lannock | |
| Apr 2024 | Anti-social behaviour | On or near Lannock | |
| Apr 2024 | Anti-social behaviour | On or near Lannock |