£206,674
This estimated value is based upon the latest sale price for the house of £122,000 on 26 Jul 2010. 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 |
|---|---|
| £122,000 | 26 Jul 2010 |
| £50,000 | 27 May 1999 |
| £42,995 | 23 Oct 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 516 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 2010 the House Price Index for HERTFORDSHIRE was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.405%.Applying this 69.405% change to the original purchase price of £122,000 results in an estimated price of approximately £206,674.
| 26 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.405 % | £122,000 | £84,674 | £206,674 |
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 | 58.127 % | £70,915 | £192,915 |
| 3 Month Average | 106.650 % | £130,112 | £252,112 |
| 6 Month Average | 90.462 % | £110,364 | £232,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £147,401 | £147,500 | 46 MARMET AVENUE |
| 30 Jan 2023 | £398,125 | £400,000 | 126 MARMET AVENUE |
| 11 Jul 2022 | £140,378 | £140,000 | 3 MARMET AVENUE |
| 1 Jun 2022 | £167,365 | £165,000 | 39 MARMET AVENUE |
| 27 May 2022 | £178,361 | £175,000 | 80 MARMET AVENUE |
This house has a floor area of 47 sq meters or 516 sq feet when measured on 20 May 2010. Using an estimated price of £206,674 means this house is valued at £4,307 per sq meter (£400 per sq foot).
The average size of a house on MARMET AVENUE is 45 sq meters (492 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Marmet Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marmet Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Marmet Avenue |
| Mar 2024 | Other crime | Under investigation | On or near Station Way |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |