£274,609
This estimated value is based upon the latest sale price for the house of £219,995 on 9 Apr 2018. 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 |
|---|---|
| £219,995 | 9 Apr 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £219,995 results in an estimated price of approximately £274,609.
| 9 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £219,995 | £54,614 | £274,609 |
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 | 2.736 % | £6,018 | £226,013 |
| 3 Month Average | 25.633 % | £56,392 | £276,387 |
| 6 Month Average | 22.772 % | £50,097 | £270,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £243,607 | £240,000 | FLAT 48 MAGDALENE COURT, 2 ROYSTON ROAD |
| 13 Jun 2023 | £293,556 | £290,000 | FLAT 42 MAGDALENE COURT, 2 ROYSTON ROAD |
| 18 Apr 2023 | £237,558 | £235,000 | FLAT 21 MAGDALENE COURT, 2 ROYSTON ROAD |
| 17 Mar 2023 | £297,806 | £295,000 | 12 ARBURY PLACE |
| 15 Mar 2023 | £287,711 | £285,000 | 7 ARBURY PLACE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 26 Mar 2018. Using an estimated price of £274,609 means this house is valued at £5,604 per sq meter (£520 per sq foot).
The average size of a house on ARBURY PLACE is 68 sq meters (739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arbury Place |
| Mar 2024 | Anti-social behaviour | On or near Station Road | |
| Mar 2024 | Anti-social behaviour | On or near Station Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Mar 2024 | Anti-social behaviour | On or near Station Road |