£648,437
This estimated value is based upon the latest sale price for the house of £472,500 on 7 Jan 2016. 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 |
|---|---|
| £472,500 | 7 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 January 2016 the House Price Index for HERTFORDSHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £472,500 results in an estimated price of approximately £648,437.
| 7 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £472,500 | £175,937 | £648,437 |
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 | 27.525 % | £130,057 | £602,557 |
| 3 Month Average | 41.850 % | £197,742 | £670,242 |
| 6 Month Average | 28.255 % | £133,503 | £606,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £498,726 | £490,000 | 22 THE ROWANS |
| 1 Sep 2023 | £293,756 | £290,000 | 33 ALDER CLOSE |
| 31 Aug 2023 | £620,428 | £615,000 | 46 ALDER CLOSE |
| 13 Feb 2023 | £124,916 | £125,000 | UNIT 4 BONDOR BUSINESS CENTRE |
| 10 Nov 2022 | £419,914 | £425,000 | 56 WESTON WAY |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 10 Aug 2015. Using an estimated price of £648,438 means this house is valued at £5,495 per sq meter (£510 per sq foot).
The average size of a house on THE ROWANS is 136 sq meters (1,472 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Rowans |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightingale Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weston Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alder Close |