£574,212
This estimated value is based upon the latest sale price for the house of £465,000 on 14 Sep 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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6 Station Parade, Letchworth Garden City, SG6 3AR
Phone: 01462659281
| Price Paid | Date |
|---|---|
| £465,000 | 14 Sep 2018 |
| £176,000 | 14 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 September 2018 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £465,000 results in an estimated price of approximately £574,212.
| 14 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £465,000 | £109,212 | £574,212 |
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 | -0.039 % | £-181 | £464,818 |
| 3 Month Average | 30.517 % | £141,901 | £606,901 |
| 6 Month Average | 20.949 % | £97,411 | £562,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Feb 2023 | £15,744 | £15,755 | 120 WILBURY ROAD |
| 27 Jun 2022 | £552,812 | £545,000 | 5 HAWTHORN HILL |
| 26 Apr 2022 | £506,661 | £492,000 | 49 WHEAT HILL |
| 8 Dec 2021 | £1,012,451 | £945,000 | 115 WILBURY ROAD |
| 26 Nov 2021 | £200,080 | £185,000 | 79 ORCHARD WAY |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 Apr 2018. Using an estimated price of £574,213 means this house is valued at £7,975 per sq meter (£740 per sq foot).
The average size of a house on WHEAT HILL is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Hawthorn Hill |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Childwick Way |
| Jan 2024 | Anti-social behaviour | On or near Orchard Close | |
| Jan 2024 | Anti-social behaviour | On or near Orchard Close | |
| Jan 2024 | Anti-social behaviour | On or near Orchard Close |