£615,058
This estimated value is based upon the latest sale price for the house of £335,000 on 21 Oct 2005. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Farthing Drive
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7 Howard Park Corner, Letchworth Garden City, SG6 1PQ
Phone: 01462228746
| Price Paid | Date |
|---|---|
| £335,000 | 21 Oct 2005 |
| Semi-Detached |
| Leasehold |
| Floor Area: 154 sq meters or 1,657 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 October 2005 the House Price Index for HERTFORDSHIRE was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £335,000 results in an estimated price of approximately £615,058.
| 21 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £335,000 | £280,058 | £615,058 |
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 | 96.605 % | £323,625 | £658,625 |
| 3 Month Average | 96.855 % | £324,463 | £659,463 |
| 6 Month Average | 95.712 % | £320,634 | £655,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £541,947 | £530,000 | 28 KESTREL WALK |
| 6 May 2022 | £518,508 | £505,000 | 48 FARTHING DRIVE |
| 4 Oct 2021 | £509,404 | £457,000 | 6 DENTS CLOSE |
| 23 Sep 2021 | £719,694 | £662,965 | 7 KESTREL WALK |
| 29 Jun 2021 | £421,538 | £390,000 | 10 DENTS CLOSE |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 30 Sep 2019. Using an estimated price of £615,058 means this house is valued at £3,993 per sq meter (£371 per sq foot).
The average size of a house on FARTHING DRIVE is 127 sq meters (1,373 sq feet).
This house is the largest in the street with a floor area of 154 sq meters (1,657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Farthing Drive |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Kestrel Walk |
| Jul 2024 | Other theft | Under investigation | On or near Kestrel Walk |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Dents Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Ennismore Close |