£469,485
This estimated value is based upon the latest sale price for the house of £380,000 on 21 Jun 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 |
|---|---|
| £380,000 | 21 Jun 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 June 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £380,000 results in an estimated price of approximately £469,485.
| 21 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £380,000 | £89,485 | £469,485 |
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 | 42.421 % | £161,199 | £541,199 |
| 3 Month Average | -17.331 % | £-65,856 | £314,143 |
| 6 Month Average | 13.135 % | £49,913 | £429,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £293,756 | £290,000 | 33 ALDER CLOSE |
| 31 Aug 2023 | £620,428 | £615,000 | 46 ALDER CLOSE |
| 13 Feb 2023 | £124,916 | £125,000 | UNIT 4 BONDOR BUSINESS CENTRE |
| 10 Nov 2022 | £419,914 | £425,000 | 56 WESTON WAY |
| 17 Jun 2022 | £502,096 | £495,000 | 2 CHILVERS BANK |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 8 Jan 2019. Using an estimated price of £469,485 means this house is valued at £5,103 per sq meter (£474 per sq foot).
The average size of a house on WESTON WAY is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Weston Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Close |
| Dec 2023 | Public order | Under investigation | On or near The Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alder Close |