£296,698
This estimated value is based upon the latest sale price for the house of £245,000 on 5 Jun 2020. 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 |
---|---|
£245,000 | 5 Jun 2020 |
£155,000 | 19 Jun 2007 |
£152,000 | 20 Aug 2004 |
£86,000 | 4 May 2001 |
£54,000 | 8 Aug 1997 |
Terraced |
Freehold |
Floor Area: 52 sq meters or 559 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 June 2020 the House Price Index for HERTFORDSHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £245,000 results in an estimated price of approximately £296,698.
5 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 148.6 | 21.102 % | £245,000 | £51,698 | £296,698 |
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 | 43.405 % | £106,342 | £351,342 |
3 Month Average | -5.676 % | £-13,906 | £231,093 |
6 Month Average | 9.078 % | £22,241 | £267,241 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £243,607 | £240,000 | FLAT 48 MAGDALENE COURT, 2 ROYSTON ROAD |
14 Sep 2023 | £379,857 | £375,000 | 11 ICKNIELD WAY EAST |
19 Jun 2023 | £364,414 | £360,000 | 7 ICKNIELD WAY EAST |
13 Jun 2023 | £293,556 | £290,000 | FLAT 42 MAGDALENE COURT, 2 ROYSTON ROAD |
18 Apr 2023 | £237,558 | £235,000 | FLAT 21 MAGDALENE COURT, 2 ROYSTON ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 12 Feb 2019. Using an estimated price of £296,699 means this house is valued at £5,705 per sq meter (£530 per sq foot).
The average size of a house on ICKNIELD WAY EAST is 82 sq meters (891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bramley Close |
Mar 2024 | Anti-social behaviour | On or near Bramley Close | |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bramley Close |
Feb 2024 | Anti-social behaviour | On or near Parking Area | |
Feb 2024 | Anti-social behaviour | On or near Parking Area |