£215,956
This estimated value is based upon the latest sale price for the house of £159,400 on 20 Jan 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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7 Howard Park Corner, Letchworth Garden City, SG6 1PQ
Phone: 01462228746
| Price Paid | Date |
|---|---|
| £159,400 | 20 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2016 the House Price Index for HERTFORDSHIRE was 108.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 35.481%.Applying this 35.481% change to the original purchase price of £159,400 results in an estimated price of approximately £215,956.
| 20 Jan 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 146.7 | 35.481 % | £159,400 | £56,556 | £215,956 |
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 | 77.734 % | £123,907 | £283,307 |
| 3 Month Average | 28.245 % | £45,022 | £204,422 |
| 6 Month Average | 42.901 % | £68,384 | £227,784 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 7 Oct 2015.
The average size of a house on PARKFIELD is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkfield |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkfield |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Swanstand |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Swanstand |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Swanstand |