£363,483
This estimated value is based upon the latest sale price for the house of £202,000 on 10 Jul 2009. 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 |
---|---|
£202,000 | 10 Jul 2009 |
£150,000 | 12 Mar 2004 |
Semi-Detached |
Freehold |
Floor Area: 41 sq meters or 451 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 July 2009 the House Price Index for HERTFORDSHIRE was 81.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.942%.Applying this 79.942% change to the original purchase price of £202,000 results in an estimated price of approximately £363,483.
10 Jul 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 146.7 | 79.942 % | £202,000 | £161,483 | £363,483 |
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 | 97.019 % | £195,978 | £397,978 |
3 Month Average | 57.857 % | £116,870 | £318,870 |
6 Month Average | 96.886 % | £195,710 | £397,710 |
This house has a floor area of 41 sq meters or 451 sq feet when measured on 27 Feb 2009.
The average size of a house on PADDOCK CLOSE is 71 sq meters (773 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near A505 |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Cloisters Road |
Mar 2024 | Anti-social behaviour | On or near Rushby Mead | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Rushby Mead |
Feb 2024 | Anti-social behaviour | On or near Rushby Mead |