£784,629
This estimated value is based upon the latest sale price for the house of £692,500 on 18 Dec 2020. 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 |
|---|---|
| £692,500 | 18 Dec 2020 |
| £612,500 | 24 Mar 2016 |
| £350,000 | 10 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 December 2020 the House Price Index for HERTFORDSHIRE was 129.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.304%.Applying this 13.304% change to the original purchase price of £692,500 results in an estimated price of approximately £784,629.
| 18 Dec 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 146.7 | 13.304 % | £692,500 | £92,129 | £784,629 |
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 | 10.108 % | £69,999 | £762,499 |
| 3 Month Average | -18.822 % | £-130,343 | £562,156 |
| 6 Month Average | 1.277 % | £8,843 | £701,343 |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 8 Jan 2015.
The average size of a house on MEADOW WAY is 155 sq meters (1,678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near A505 |
| Mar 2024 | Shoplifting | Under investigation | On or near Gernon Road |
| Mar 2024 | Shoplifting | Local resolution | On or near Gernon Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gernon Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Gernon Road |