£1,061,634
This estimated value is based upon the latest sale price for the house of £925,000 on 16 Dec 2020. 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 |
|---|---|
| £925,000 | 16 Dec 2020 |
| £95,000 | 12 Aug 2008 |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 2020 the House Price Index for HERTFORDSHIRE was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £925,000 results in an estimated price of approximately £1,061,634.
| 16 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £925,000 | £136,634 | £1,061,634 |
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 | -8.710 % | £-80,563 | £844,436 |
| 3 Month Average | 7.126 % | £65,915 | £990,915 |
| 6 Month Average | 3.226 % | £29,837 | £954,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £547,500 | £547,500 | 35 RUNNALOW |
| 1 Dec 2023 | £580,151 | £570,000 | 68 BEDFORD ROAD |
| 18 Aug 2023 | £322,824 | £320,000 | 34 VALLEY ROAD |
| 19 Jul 2023 | £380,116 | £375,000 | 12 FURLAY CLOSE |
| 14 Jun 2023 | £180,183 | £178,000 | 46 BEECH HILL |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 18 Mar 2019. Using an estimated price of £1,061,635 means this house is valued at £23,079 per sq meter (£2,144 per sq foot).
The average size of a house on VALLEY ROAD is 87 sq meters (944 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Valley Road |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Valley Road |
| Mar 2024 | Anti-social behaviour | On or near Fullers Court | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fullers Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Furlay Close |