£970,219
This estimated value is based upon the latest sale price for the house of £635,000 on 18 Jul 2014. 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 |
|---|---|
| £635,000 | 18 Jul 2014 |
| £159,950 | 30 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 2014 the House Price Index for HERTFORDSHIRE was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £635,000 results in an estimated price of approximately £970,219.
| 18 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £635,000 | £335,219 | £970,219 |
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 | 39.295 % | £249,522 | £884,522 |
| 3 Month Average | 76.424 % | £485,291 | £1,120,291 |
| 6 Month Average | 75.100 % | £476,884 | £1,111,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £888,149 | £875,000 | 3 FIELD LANE |
| 29 Jul 2022 | £586,579 | £585,000 | 19 SOUBERIE AVENUE |
| 25 Jul 2022 | £626,687 | £625,000 | 55 LYTTON AVENUE |
| 29 Jun 2022 | £943,331 | £930,000 | 7 SOUTH VIEW |
| 29 Sep 2021 | £1,061,429 | £985,000 | 45 SOUTH VIEW |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 22 Apr 2014. Using an estimated price of £970,220 means this house is valued at £5,775 per sq meter (£536 per sq foot).
The average size of a house on SOUTH VIEW is 156 sq meters (1,683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Field Lane | |
| Dec 2023 | Anti-social behaviour | On or near Field Lane | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Field Lane |
| Dec 2023 | Anti-social behaviour | On or near Field Lane | |
| Dec 2023 | Anti-social behaviour | On or near Field Lane |