£368,932
This estimated value is based upon the latest sale price for the house of £285,000 on 2 Dec 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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9 Arena Parade, Letchworth, SG6 3BY
Phone: 01462228759
| Price Paid | Date |
|---|---|
| £285,000 | 2 Dec 2016 |
| £150,000 | 7 Aug 2009 |
| Terraced |
| Leasehold |
| Floor Area: 116 sq meters or 1,248 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 December 2016 the House Price Index for HERTFORDSHIRE was 113.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.450%.Applying this 29.450% change to the original purchase price of £285,000 results in an estimated price of approximately £368,932.
| 2 Dec 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 146.7 | 29.450 % | £285,000 | £83,932 | £368,932 |
The Postcode Pricing Model uses changes in average sales price within the SG6 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 | -17.896 % | £-51,002 | £233,997 |
| 3 Month Average | 3.328 % | £9,484 | £294,484 |
| 6 Month Average | 28.199 % | £80,367 | £365,367 |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 23 Mar 2016.
The average size of a house on HIGH AVENUE is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Westbury Place | |
| Jan 2024 | Anti-social behaviour | On or near Westbury Place | |
| Dec 2023 | Criminal damage and arson | Local resolution | On or near Westbury Place |
| Jan 2024 | Public order | Awaiting court outcome | On or near Burnell Rise |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burnell Rise |