£318,657
This estimated value is based upon the latest sale price for the house of £183,000 on 17 Aug 2011. 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 |
|---|---|
| £183,000 | 17 Aug 2011 |
| £195,000 | 22 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2011 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £183,000 results in an estimated price of approximately £318,657.
| 17 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.130 % | £183,000 | £135,657 | £318,657 |
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 | 57.603 % | £105,412 | £288,412 |
| 3 Month Average | 60.706 % | £111,091 | £294,091 |
| 6 Month Average | 70.249 % | £128,555 | £311,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £278,560 | £270,000 | 10 HEATH HALL HIGH STREET |
| 24 Nov 2023 | £513,023 | £500,000 | 7 SOUTH LODGE MEWS |
| 18 Aug 2023 | £402,255 | £395,000 | 14 SOUTH CLOSE |
| 2 Aug 2023 | £341,153 | £335,000 | 24 SOUTH CLOSE |
| 16 Aug 2022 | £256,198 | £255,000 | 12 HEATH HALL HIGH STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 13 Aug 2021. Using an estimated price of £318,658 means this house is valued at £3,319 per sq meter (£308 per sq foot).
The average size of a house on SOUTH CLOSE is 112 sq meters (1,209 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Pinnocks Close | |
| Apr 2024 | Anti-social behaviour | On or near Pinnocks Close | |
| Apr 2024 | Anti-social behaviour | On or near Pinnocks Close | |
| Apr 2024 | Anti-social behaviour | On or near Pinnocks Close | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Road |