£323,747
This estimated value is based upon the latest sale price for the house of £270,000 on 6 Aug 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 |
|---|---|
| £270,000 | 6 Aug 2020 |
| £265,000 | 17 Feb 2017 |
| £154,500 | 18 Dec 2009 |
| £86,000 | 29 Nov 2004 |
| 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 August 2020 the House Price Index for HERTFORDSHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £270,000 results in an estimated price of approximately £323,747.
| 6 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £270,000 | £53,747 | £323,747 |
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 | 28.688 % | £77,458 | £347,458 |
| 3 Month Average | -5.319 % | £-14,361 | £255,638 |
| 6 Month Average | 27.946 % | £75,453 | £345,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £549,810 | £545,000 | 1 FERNDALE VILLAS |
| 31 Jul 2023 | £506,821 | £500,000 | 1 ARWOOD MEWS |
| 29 Jul 2022 | £300,810 | £300,000 | 9 PINNOCKS LANE |
| 15 Jul 2022 | £348,438 | £347,500 | 27 PINNOCKS LANE |
| 31 May 2022 | £341,433 | £335,000 | 26 PEMBROKE ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 5 Aug 2019. Using an estimated price of £323,748 means this house is valued at £6,225 per sq meter (£578 per sq foot).
The average size of a house on PINNOCKS LANE is 93 sq meters (1,004 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Pinnocks Lane |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Clothall Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clothall Road |
| Jan 2024 | Anti-social behaviour | On or near Clothall Road | |
| Jan 2024 | Anti-social behaviour | On or near Clothall Road |