£620,427
This estimated value is based upon the latest sale price for the house of £615,000 on 31 Aug 2023. 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 |
|---|---|
| £615,000 | 31 Aug 2023 |
| £345,000 | 1 Sep 2004 |
| £105,000 | 4 Apr 1996 |
| Detached |
| Freehold |
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 August 2023 the House Price Index for HERTFORDSHIRE was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £615,000 results in an estimated price of approximately £620,427.
| 31 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £615,000 | £5,427 | £620,427 |
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 | 10.727 % | £65,972 | £680,972 |
| 3 Month Average | -33.555 % | £-206,364 | £408,635 |
| 6 Month Average | -10.743 % | £-66,069 | £548,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £293,756 | £290,000 | 33 ALDER CLOSE |
| 31 Aug 2023 | £620,428 | £615,000 | 46 ALDER CLOSE |
| 12 Jun 2023 | £374,537 | £370,000 | UNIT 7A BALDOCK INDUSTRIAL ESTATE |
| 27 Apr 2023 | £416,990 | £412,500 | 15 HOLROYD CRESCENT |
| 31 Mar 2023 | £429,042 | £425,000 | 29 HILLCREST |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alder Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Holroyd Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holroyd Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holroyd Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Close |