£537,972
This estimated value is based upon the latest sale price for the house of £492,500 on 8 Oct 2021. 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 |
|---|---|
| £492,500 | 8 Oct 2021 |
| £442,000 | 15 Feb 2017 |
| £260,000 | 14 Oct 2005 |
| £232,000 | 17 Jun 2004 |
| £111,000 | 6 Nov 1997 |
| Detached |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 October 2021 the House Price Index for HERTFORDSHIRE was 134.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 9.233%.Applying this 9.233% change to the original purchase price of £492,500 results in an estimated price of approximately £537,972.
| 8 Oct 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 146.7 | 9.233 % | £492,500 | £45,472 | £537,972 |
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 | -19.806 % | £-97,545 | £394,954 |
| 3 Month Average | -20.239 % | £-99,679 | £392,820 |
| 6 Month Average | -7.414 % | £-36,516 | £455,983 |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 15 Nov 2016.
The average size of a house on PENN WAY is 128 sq meters (1,386 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Milne Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Rookes Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Farthing Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ennismore Close |
| Mar 2024 | Burglary | Under investigation | On or near Dents Close |