£660,292
This estimated value is based upon the latest sale price for the house of £385,000 on 20 Feb 2012. 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 |
|---|---|
| £385,000 | 20 Feb 2012 |
| £250,000 | 26 Sep 2003 |
| £128,500 | 30 Jan 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,589 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 February 2012 the House Price Index for HERTFORDSHIRE was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £385,000 results in an estimated price of approximately £660,292.
| 20 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £385,000 | £275,292 | £660,292 |
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 | 49.202 % | £189,429 | £574,429 |
| 3 Month Average | 3.263 % | £12,563 | £397,563 |
| 6 Month Average | 56.586 % | £217,856 | £602,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £349,230 | £345,000 | 19 RYE GARDENS |
| 26 Jun 2023 | £221,685 | £219,000 | 8 ORWELL VIEW |
| 21 Feb 2023 | £494,667 | £495,000 | 6 EISENBERG CLOSE |
| 20 Sep 2022 | £357,116 | £360,000 | 3 ORWELL VIEW |
| 7 Jul 2022 | £350,945 | £350,000 | 4 RHEE SPRING |
This house has a floor area of 147 sq meters or 1,589 sq feet when measured on 10 Nov 2011. Using an estimated price of £660,293 means this house is valued at £4,470 per sq meter (£415 per sq foot).
The average size of a house on RYE GARDENS is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maltings Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Maltings Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chauncy Gardens |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Aleyn Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Aleyn Way |