£163,449
This estimated value is based upon the latest sale price for the house of £132,500 on 14 Dec 2018. 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 |
|---|---|
| £132,500 | 14 Dec 2018 |
| £72,500 | 2 Dec 2011 |
| £36,000 | 16 Jul 1999 |
| £32,500 | 18 Sep 1998 |
| Terraced |
| Leasehold |
| Floor Area: 59 sq meters or 640 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 2018 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £132,500 results in an estimated price of approximately £163,449.
| 14 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £132,500 | £30,949 | £163,449 |
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 | 8.808 % | £11,670 | £144,170 |
| 3 Month Average | -4.107 % | £-5,441 | £127,058 |
| 6 Month Average | 15.624 % | £20,701 | £153,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £547,500 | £547,500 | 35 RUNNALOW |
| 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 |
| 14 Apr 2023 | £368,973 | £365,000 | 14 FURLAY CLOSE |
This house has a floor area of 59 sq meters or 640 sq feet when measured on 25 Mar 2011. Using an estimated price of £163,449 means this house is valued at £2,747 per sq meter (£255 per sq foot).
There is one other house on the street which we know the size of, this is 3 COOPERS FIELD it is 56.0
| 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 | Violence and sexual offences | Under investigation | On or near Runnalow |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Runnalow |
| Feb 2024 | Anti-social behaviour | On or near Runnalow |