£334,078
This estimated value is based upon the latest sale price for the house of £275,000 on 29 Aug 2019. 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 |
|---|---|
| £275,000 | 29 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 August 2019 the House Price Index for HERTFORDSHIRE was 120.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.483%.Applying this 21.483% change to the original purchase price of £275,000 results in an estimated price of approximately £334,078.
| 29 Aug 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 146.7 | 21.483 % | £275,000 | £59,078 | £334,078 |
The Postcode Pricing Model uses changes in average sales price within the SG7 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 | 17.538 % | £48,229 | £323,229 |
| 3 Month Average | -13.138 % | £-36,130 | £238,869 |
| 6 Month Average | 11.085 % | £30,483 | £305,483 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 17 May 2019.
The average size of a house on IVEL WAY is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Byrd Walk |
| Mar 2024 | Anti-social behaviour | On or near Pryor Road | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Pryor Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beechridge Way |
| Mar 2024 | Other theft | Under investigation | On or near Beechridge Way |