£328,320
This estimated value is based upon the latest sale price for the house of £190,000 on 22 Jul 2011. 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 |
|---|---|
| £190,000 | 22 Jul 2011 |
| £162,000 | 1 Nov 2004 |
| £155,000 | 7 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 772 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 2011 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £190,000 results in an estimated price of approximately £328,320.
| 22 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £190,000 | £138,320 | £328,320 |
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 | 88.925 % | £168,957 | £358,957 |
| 3 Month Average | 30.569 % | £58,081 | £248,081 |
| 6 Month Average | 72.563 % | £137,869 | £327,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £243,607 | £240,000 | FLAT 48 MAGDALENE COURT, 2 ROYSTON ROAD |
| 14 Sep 2023 | £379,857 | £375,000 | 11 ICKNIELD WAY EAST |
| 19 Jun 2023 | £364,414 | £360,000 | 7 ICKNIELD WAY EAST |
| 13 Jun 2023 | £293,556 | £290,000 | FLAT 42 MAGDALENE COURT, 2 ROYSTON ROAD |
| 18 Apr 2023 | £237,558 | £235,000 | FLAT 21 MAGDALENE COURT, 2 ROYSTON ROAD |
This house has a floor area of 71 sq meters or 772 sq feet when measured on 12 Jan 2010. Using an estimated price of £328,321 means this house is valued at £4,573 per sq meter (£424 per sq foot).
The average size of a house on ICKNIELD WAY EAST is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bramley Close |
| Mar 2024 | Anti-social behaviour | On or near Bramley Close | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bramley Close |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |