£188,109
This estimated value is based upon the latest sale price for the house of £43,400 on 9 Jul 1999. 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 |
|---|---|
| £43,400 | 9 Jul 1999 |
| £36,500 | 22 Mar 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 1999 the House Price Index for HERTFORDSHIRE was 34.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 333.432%.Applying this 333.432% change to the original purchase price of £43,400 results in an estimated price of approximately £188,109.
| 9 Jul 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 148.6 | 333.432 % | £43,400 | £144,709 | £188,109 |
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 | 402.992 % | £174,898 | £218,298 |
| 3 Month Average | 232.963 % | £101,106 | £144,506 |
| 6 Month Average | 340.088 % | £147,598 | £190,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £403,530 | £400,000 | 21 JEVE CLOSE |
| 18 Aug 2023 | £312,736 | £310,000 | 12 IREDALE VIEW |
| 21 Feb 2023 | £494,667 | £495,000 | 6 EISENBERG CLOSE |
| 26 Jan 2023 | £378,218 | £380,000 | 22 JEVE CLOSE |
| 19 Aug 2022 | £221,404 | £222,000 | 10 JEVE CLOSE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 21 Dec 2021. Using an estimated price of £188,110 means this house is valued at £4,702 per sq meter (£436 per sq foot).
The average size of a house on IREDALE VIEW is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maltings Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Maltings Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chauncy Gardens |
| Mar 2024 | Anti-social behaviour | On or near Yeomanry Drive | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Yeomanry Drive |