£581,313
This estimated value is based upon the latest sale price for the house of £537,500 on 15 Nov 2021. 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 |
---|---|
£537,500 | 15 Nov 2021 |
£166,000 | 26 Nov 1999 |
Semi-Detached |
Leasehold |
Floor Area: 98 sq meters or 1,054 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 November 2021 the House Price Index for HERTFORDSHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £537,500 results in an estimated price of approximately £581,313.
15 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.6 | 8.151 % | £537,500 | £43,813 | £581,313 |
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 | -10.621 % | £-57,086 | £480,413 |
3 Month Average | -5.955 % | £-32,009 | £505,490 |
6 Month Average | -2.827 % | £-15,193 | £522,306 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Sep 2023 | £620,433 | £612,500 | 10 WHITETHORN LANE |
5 Jul 2023 | £506,821 | £500,000 | 17 BERKELEY |
19 Jun 2023 | £1,113,488 | £1,100,000 | 36 WILLIAN WAY |
13 Apr 2023 | £566,095 | £560,000 | 66 LAWRENCE AVENUE |
17 Mar 2023 | £782,371 | £775,000 | 1 WHITETHORN LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 6 Aug 2021. Using an estimated price of £581,314 means this house is valued at £5,931 per sq meter (£551 per sq foot).
The average size of a house on WOOLSTON AVENUE is 144 sq meters (1,559 sq feet).
This house is the smallest in the street with a floor area of 98 sq meters (1,054 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Willian Way | |
Feb 2024 | Anti-social behaviour | On or near Willian Way | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newlands |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bowershott |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Cloisters Road |