£605,956
This estimated value is based upon the latest sale price for the house of £410,000 on 12 Feb 2015. 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 |
|---|---|
| £410,000 | 12 Feb 2015 |
| £97,000 | 15 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2015 the House Price Index for HERTFORDSHIRE was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £410,000 results in an estimated price of approximately £605,956.
| 12 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £410,000 | £195,956 | £605,956 |
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 | -7.151 % | £-29,317 | £380,682 |
| 3 Month Average | -4.985 % | £-20,440 | £389,559 |
| 6 Month Average | 44.551 % | £182,659 | £592,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £236,065 | £234,000 | 8 PAGE CLOSE |
| 22 Jun 2023 | £164,493 | £162,500 | 17 PAGE CLOSE |
| 23 Mar 2023 | £289,730 | £287,000 | 21 LONDON ROAD |
| 18 Nov 2022 | £229,717 | £232,500 | 47 PAGE CLOSE |
| 8 Apr 2022 | £437,665 | £425,000 | 7 HILLCREST |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 17 Jun 2014. Using an estimated price of £605,956 means this house is valued at £5,135 per sq meter (£477 per sq foot).
The average size of a house on ANCHOR ROAD is 116 sq meters (1,250 sq feet).
This house is the largest in the street with a floor area of 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near B197 |
| Mar 2024 | Anti-social behaviour | On or near Hillcrest | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest |