£533,503
This estimated value is based upon the latest sale price for the house of £435,000 on 7 Nov 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 |
|---|---|
| £435,000 | 7 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 November 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £435,000 results in an estimated price of approximately £533,503.
| 7 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £435,000 | £98,503 | £533,503 |
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 | 33.764 % | £146,873 | £581,873 |
| 3 Month Average | -19.549 % | £-85,039 | £349,960 |
| 6 Month Average | 11.578 % | £50,365 | £485,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £236,065 | £234,000 | 8 PAGE CLOSE |
| 25 Aug 2023 | £565,447 | £560,500 | 49 LONDON ROAD |
| 18 Jul 2023 | £238,206 | £235,000 | 6 PAGE CLOSE |
| 28 Feb 2023 | £331,777 | £332,000 | 43D CHILTERN ROAD |
| 6 Jan 2023 | £388,171 | £390,000 | 59 LONDON ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 29 Apr 2019. Using an estimated price of £533,504 means this house is valued at £4,639 per sq meter (£430 per sq foot).
The average size of a house on CHILTERN ROAD is 81 sq meters (882 sq feet).
This house is the largest in the street with a floor area of 115 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Woodland Way |
| Feb 2024 | Anti-social behaviour | On or near Woodland Way | |
| Feb 2024 | Anti-social behaviour | On or near Woodland Way | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Way |