£249,635
This estimated value is based upon the latest sale price for the house of £66,000 on 12 May 2000. 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 |
|---|---|
| £66,000 | 12 May 2000 |
| Semi-Detached |
| Freehold |
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 May 2000 the House Price Index for HERTFORDSHIRE was 39.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 278.236%.Applying this 278.236% change to the original purchase price of £66,000 results in an estimated price of approximately £249,635.
| 12 May 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 148.6 | 278.236 % | £66,000 | £183,635 | £249,635 |
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 | 217.145 % | £143,315 | £209,315 |
| 3 Month Average | 149.159 % | £98,444 | £164,444 |
| 6 Month Average | 256.205 % | £169,095 | £235,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £448,833 | £444,000 | 3 THE RISE |
| 30 Nov 2022 | £444,614 | £450,000 | 1 THE LEAS |
| 17 Jun 2022 | £502,096 | £495,000 | 2 CHILVERS BANK |
| 14 Feb 2022 | £391,163 | £373,000 | 42 WESTON WAY |
| 20 Dec 2021 | £401,766 | £375,000 | 37 THE LEAS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Rise |
| Mar 2024 | Public order | Under investigation | On or near The Rise |
| Jan 2024 | Anti-social behaviour | On or near The Rise | |
| Jan 2024 | Anti-social behaviour | On or near The Rise | |
| Jan 2024 | Anti-social behaviour | On or near The Rise |