£474,795
This estimated value is based upon the latest sale price for the house of £380,000 on 2 Feb 2018. 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 |
---|---|
£380,000 | 2 Feb 2018 |
Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 2018 the House Price Index for HERTFORDSHIRE was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £380,000 results in an estimated price of approximately £474,795.
2 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £380,000 | £94,795 | £474,795 |
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 | -1.378 % | £-5,236 | £374,763 |
3 Month Average | 2.303 % | £8,752 | £388,752 |
6 Month Average | 24.312 % | £92,383 | £472,383 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £243,607 | £240,000 | FLAT 48 MAGDALENE COURT, 2 ROYSTON ROAD |
4 Aug 2023 | £353,089 | £350,000 | 6 THURNALL CLOSE |
18 Apr 2023 | £237,558 | £235,000 | FLAT 21 MAGDALENE COURT, 2 ROYSTON ROAD |
10 May 2022 | £258,368 | £253,500 | FLAT 26 MAGDALENE COURT, 2 ROYSTON ROAD |
5 Nov 2021 | £224,955 | £208,000 | FLAT 33 MAGDALENE COURT, 2 ROYSTON ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 14 Sep 2017. Using an estimated price of £474,795 means this house is valued at £5,217 per sq meter (£484 per sq foot).
The average size of a house on CLOTHALL ROAD is 109 sq meters (1,176 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grosvenor Road West |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Road West |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Thurnall Close |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Womback Yard |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tranters Mews |