£691,147
This estimated value is based upon the latest sale price for the house of £399,950 on 10 Jan 2011. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Broadway
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9 Arena Parade, Letchworth, SG6 3BY
Phone: 01462228759
| Price Paid | Date |
|---|---|
| £399,950 | 10 Jan 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,147 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 January 2011 the House Price Index for HERTFORDSHIRE was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £399,950 results in an estimated price of approximately £691,147.
| 10 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.808 % | £399,950 | £291,197 | £691,147 |
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 | 87.647 % | £350,544 | £750,494 |
| 3 Month Average | 83.379 % | £333,475 | £733,425 |
| 6 Month Average | 76.392 % | £305,531 | £705,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £897,790 | £875,000 | 3 FIELD LANE |
| 3 Nov 2023 | £700,276 | £682,500 | 26 FIELD LANE |
| 25 Oct 2023 | £1,350,677 | £1,320,000 | 31 SOLLERSHOTT EAST |
| 25 Oct 2023 | £1,105,099 | £1,080,000 | 14 FIELD LANE |
| 29 Jul 2022 | £590,921 | £585,000 | 19 SOUBERIE AVENUE |
This house has a floor area of 106 sq meters or 1,147 sq feet when measured on 23 Oct 2010. Using an estimated price of £691,147 means this house is valued at £6,480 per sq meter (£602 per sq foot).
The average size of a house on FIELD LANE is 144 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Broadway |
| Jun 2024 | Other crime | Under investigation | On or near Gernon Walk |