£661,511
This estimated value is based upon the latest sale price for the house of £390,000 on 26 May 2010. 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 |
|---|---|
| £390,000 | 26 May 2010 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,114 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 May 2010 the House Price Index for HERTFORDSHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £390,000 results in an estimated price of approximately £661,511.
| 26 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.618 % | £390,000 | £271,511 | £661,511 |
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 | 79.022 % | £308,184 | £698,184 |
| 3 Month Average | 115.200 % | £449,280 | £839,280 |
| 6 Month Average | 92.031 % | £358,922 | £748,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £598,866 | £590,000 | 3 GORST CLOSE |
| 12 Jul 2023 | £716,645 | £707,000 | 1 GORST CLOSE |
| 30 Jun 2023 | £784,503 | £775,000 | 59 WEST VIEW |
| 30 Jun 2023 | £733,890 | £725,000 | 50 BROADWATER AVENUE |
| 13 May 2022 | £717,928 | £704,400 | 19 BROADWATER AVENUE |
This house has a floor area of 103 sq meters or 1,114 sq feet when measured on 20 Oct 2009. Using an estimated price of £661,511 means this house is valued at £6,391 per sq meter (£593 per sq foot).
The average size of a house on BROADWATER AVENUE is 152 sq meters (1,642 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Copper Beech Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Broadwater Avenue |
| Mar 2024 | Anti-social behaviour | On or near Spring Road | |
| Feb 2024 | Anti-social behaviour | On or near Spring Road | |
| Feb 2024 | Anti-social behaviour | On or near Spring Road |