£516,431
This estimated value is based upon the latest sale price for the house of £415,000 on 22 Feb 2019. 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 |
|---|---|
| £415,000 | 22 Feb 2019 |
| £112,000 | 12 Jan 1998 |
| £85,000 | 6 Jan 1995 |
| Detached |
| Leasehold |
| Floor Area: 102 sq meters or 1,097 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 February 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £415,000 results in an estimated price of approximately £516,431.
| 22 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £415,000 | £101,431 | £516,431 |
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 | 32.155 % | £133,442 | £548,442 |
| 3 Month Average | 15.029 % | £62,368 | £477,368 |
| 6 Month Average | 9.572 % | £39,722 | £454,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £338,914 | £328,500 | 71 UPPER MAYLINS |
| 1 Dec 2023 | £314,669 | £305,000 | 39 CREAMERY COURT |
| 31 Oct 2023 | £383,715 | £375,000 | 18 WHITECHURCH GARDENS |
| 1 Sep 2023 | £434,580 | £425,000 | 14 CHALKFIELD |
| 31 Aug 2023 | £300,418 | £295,000 | 6 RUDHAM GROVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 27 Jul 2018. Using an estimated price of £516,431 means this house is valued at £5,063 per sq meter (£470 per sq foot).
The average size of a house on ALBAN ROAD is 89 sq meters (964 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Creamery Court |
| Aug 2024 | Anti-social behaviour | On or near Creamery Court | |
| Aug 2024 | Anti-social behaviour | On or near Creamery Court | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitechurch Gardens |
| Sep 2024 | Anti-social behaviour | On or near Baldock Lane |