£305,571
This estimated value is based upon the latest sale price for the house of £79,950 on 15 Mar 2000. 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 |
---|---|
£79,950 | 15 Mar 2000 |
Terraced |
Leasehold |
Floor Area: 53 sq meters or 581 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 March 2000 the House Price Index for HERTFORDSHIRE was 38.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 282.203%.Applying this 282.203% change to the original purchase price of £79,950 results in an estimated price of approximately £305,571.
15 Mar 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
38.4 | 146.7 | 282.203 % | £79,950 | £225,621 | £305,571 |
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 | 303.047 % | £242,286 | £322,236 |
3 Month Average | 275.586 % | £220,330 | £300,280 |
6 Month Average | 347.241 % | £277,619 | £357,569 |
This house has a floor area of 53 sq meters or 581 sq feet when measured on 13 Sep 2010.
The average size of a house on HORACE GAY GARDENS is 51 sq meters (549 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Horace Gay Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Burnell Walk |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Burnell Walk |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Burnell Walk |
Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Burnell Walk |