£503,200
This estimated value is based upon the latest sale price for the house of £340,000 on 23 Jan 2015. 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 |
|---|---|
| £340,000 | 23 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 January 2015 the House Price Index for HERTFORDSHIRE was 100.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 48.000%.Applying this 48.000% change to the original purchase price of £340,000 results in an estimated price of approximately £503,200.
| 23 Jan 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.0 | 48.000 % | £340,000 | £163,200 | £503,200 |
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 | 28.485 % | £96,847 | £436,847 |
| 3 Month Average | 60.461 % | £205,567 | £545,567 |
| 6 Month Average | 46.613 % | £158,483 | £498,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £499,449 | £490,000 | 22 THE ROWANS |
| 31 Aug 2023 | £618,763 | £615,000 | 46 ALDER CLOSE |
| 27 Apr 2023 | £415,589 | £412,500 | 15 HOLROYD CRESCENT |
| 31 Mar 2023 | £427,310 | £425,000 | 29 HILLCREST |
| 13 Feb 2023 | £124,412 | £125,000 | UNIT 4 BONDOR BUSINESS CENTRE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 15 Sep 2015. Using an estimated price of £503,200 means this house is valued at £4,453 per sq meter (£413 per sq foot).
The average size of a house on ALDER CLOSE is 70 sq meters (760 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alder Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Rowans |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holroyd Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holroyd Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holroyd Crescent |