£3,395,227
This estimated value is based upon the latest sale price for the house of £2,700,000 on 11 Apr 2018. 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 |
|---|---|
| £2,700,000 | 11 Apr 2018 |
| £1,000,000 | 23 Jan 2003 |
| Detached |
| Freehold |
| Floor Area: 683 sq meters or 7,351 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 April 2018 the House Price Index for HERTFORDSHIRE was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £2,700,000 results in an estimated price of approximately £3,395,227.
| 11 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £2,700,000 | £695,227 | £3,395,227 |
The Postcode Pricing Model uses changes in average sales price within the SG4 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 | 78.867 % | £2,129,414 | £4,829,414 |
| 3 Month Average | 30.749 % | £830,218 | £3,530,218 |
| 6 Month Average | 34.780 % | £939,060 | £3,639,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £545,343 | £531,500 | 13 MOUNTJOY |
| 1 Nov 2023 | £2,642,066 | £2,575,000 | LONGWOOD WILLIAN ROAD |
| 11 Aug 2023 | £351,337 | £345,000 | 3 FAIRFIELD WAY |
| 24 Feb 2023 | £402,690 | £400,000 | 20 KINGSWOOD AVENUE |
| 29 Apr 2022 | £518,711 | £500,000 | 105 WILLIAN ROAD |
This house has a floor area of 683 sq meters or 7,351 sq feet when measured on 7 Sep 2017. Using an estimated price of £3,395,228 means this house is valued at £4,971 per sq meter (£461 per sq foot).
The average size of a house on WILLIAN ROAD is 145 sq meters (1,564 sq feet).
This house is the largest in the street with a floor area of 683 sq meters (7,351 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairfield Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingswood Avenue |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |