£451,278
This estimated value is based upon the latest sale price for the house of £265,000 on 21 Sep 2012. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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7 Howard Park Corner, Letchworth Garden City, SG6 1PQ
Phone: 01462228746
| Price Paid | Date |
|---|---|
| £265,000 | 21 Sep 2012 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2012 the House Price Index for HERTFORDSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £265,000 results in an estimated price of approximately £451,278.
| 21 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £265,000 | £186,278 | £451,278 |
The Postcode Pricing Model uses changes in average sales price within the SG7 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 | 64.368 % | £170,576 | £435,576 |
| 3 Month Average | 13.667 % | £36,218 | £301,218 |
| 6 Month Average | 56.752 % | £150,393 | £415,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £549,810 | £545,000 | 1 FERNDALE VILLAS |
| 18 Aug 2023 | £398,486 | £395,000 | 14 SOUTH CLOSE |
| 2 Aug 2023 | £337,957 | £335,000 | 24 SOUTH CLOSE |
| 31 May 2022 | £341,433 | £335,000 | 26 PEMBROKE ROAD |
| 30 Mar 2022 | £297,407 | £287,000 | 63 PINNOCKS LANE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 29 Aug 2012. Using an estimated price of £451,278 means this house is valued at £4,424 per sq meter (£411 per sq foot).
The average size of a house on MUSGROVE MALTINGS is 120 sq meters (1,292 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Road |
| Feb 2024 | Anti-social behaviour | On or near South Road | |
| Feb 2024 | Anti-social behaviour | On or near South Road | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Pinnocks Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Close |