£366,911
This estimated value is based upon the latest sale price for the house of £246,000 on 4 Dec 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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6 Station Parade, Letchworth Garden City, SG6 3AR
Phone: 01462659281
Price Paid | Date |
---|---|
£246,000 | 4 Dec 2014 |
£162,500 | 15 Aug 2011 |
£157,000 | 25 Sep 2009 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,024 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 2014 the House Price Index for HERTFORDSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £246,000 results in an estimated price of approximately £366,911.
4 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £246,000 | £120,911 | £366,911 |
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 | 34.292 % | £84,358 | £330,358 |
3 Month Average | 63.706 % | £156,716 | £402,716 |
6 Month Average | 58.255 % | £143,307 | £389,307 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £225,336 | £222,000 | 21 WESTERN WAY |
17 Mar 2023 | £358,376 | £355,000 | 7 WESTERN WAY |
3 Mar 2023 | £323,548 | £320,500 | 14 WESTERN WAY |
2 Sep 2022 | £208,318 | £210,000 | 97 WESTERN WAY |
22 Jun 2022 | £329,659 | £325,000 | 12 MIDHURST |
This house has a floor area of 95 sq meters or 1,024 sq feet when measured on 6 May 2011. Using an estimated price of £366,912 means this house is valued at £3,854 per sq meter (£358 per sq foot).
The average size of a house on ORCHARD CLOSE is 117 sq meters (1,259 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Orchard Close | |
Jan 2024 | Anti-social behaviour | On or near Orchard Close | |
Jan 2024 | Anti-social behaviour | On or near Orchard Close | |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Childwick Way |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashdown |