£633,732
This estimated value is based upon the latest sale price for the house of £500,000 on 29 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 |
|---|---|
| £500,000 | 29 Sep 2017 |
| £275,000 | 6 Sep 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 £500,000 results in an estimated price of approximately £633,732.
| 29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £500,000 | £133,732 | £633,732 |
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 % | £198,924 | £698,924 |
| 3 Month Average | -7.441 % | £-37,203 | £462,796 |
| 6 Month Average | 21.031 % | £105,152 | £605,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £236,065 | £234,000 | 8 PAGE CLOSE |
| 25 Aug 2023 | £565,447 | £560,500 | 49 LONDON ROAD |
| 31 Mar 2023 | £378,567 | £375,000 | 26 MONS AVENUE |
| 24 Mar 2023 | £413,899 | £410,000 | 3 MONS AVENUE |
| 24 Mar 2023 | £390,681 | £387,000 | 36 LONDON ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 25 Apr 2017. Using an estimated price of £633,733 means this house is valued at £4,912 per sq meter (£456 per sq foot).
The average size of a house on LONDON ROAD is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Road |
| Mar 2024 | Anti-social behaviour | On or near London Road | |
| Feb 2024 | Anti-social behaviour | On or near London Road | |
| Feb 2024 | Anti-social behaviour | On or near London Road | |
| Dec 2023 | Anti-social behaviour | On or near London Road |