£619,021
This estimated value is based upon the latest sale price for the house of £205,000 on 15 Mar 2002. 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 |
|---|---|
| £205,000 | 15 Mar 2002 |
| Flats/Maisonettes |
| Leasehold |
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 March 2002 the House Price Index for HERTFORDSHIRE was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £205,000 results in an estimated price of approximately £619,021.
| 15 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 148.6 | 201.961 % | £205,000 | £414,021 | £619,021 |
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 | 258.015 % | £528,931 | £733,931 |
| 3 Month Average | 318.581 % | £653,090 | £858,090 |
| 6 Month Average | 272.068 % | £557,739 | £762,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £585,000 | £585,000 | 2 MANOR FARM COTTAGES WYMONDLEY ROAD |
| 20 Jul 2023 | £354,775 | £350,000 | 11 ROXLEY MANOR |
| 24 Jan 2023 | £895,780 | £900,000 | ENVIROWASTE RECYCLING CENTRE JACKS HILL |
| 17 Jun 2022 | £532,526 | £525,000 | 1 NEW TERRACE COTTAGE CHURCH ROAD |
| 1 Jun 2022 | £674,532 | £665,000 | THREE HORSESHOES BALDOCK LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Jacks Hill Park |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Jacks Hill Park |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Greenway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Milne Close |