£356,258
This estimated value is based upon the latest sale price for the house of £288,500 on 28 Sep 2018. 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 |
|---|---|
| £288,500 | 28 Sep 2018 |
| £195,000 | 3 Nov 2014 |
| £167,000 | 15 Nov 2010 |
| £52,600 | 10 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 690 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 2018 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £288,500 results in an estimated price of approximately £356,258.
| 28 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £288,500 | £67,758 | £356,258 |
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 | 3.810 % | £10,990 | £299,490 |
| 3 Month Average | -17.231 % | £-49,712 | £238,787 |
| 6 Month Average | 14.790 % | £42,669 | £331,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £247,162 | £245,000 | APARTMENT 4 DARTONS HOUSE CHURCH STREET |
| 16 Feb 2023 | £424,714 | £425,000 | 22 ICKNIELD WAY |
| 10 Feb 2023 | £289,805 | £290,000 | 13 SANVIGNES COURT |
| 19 Aug 2022 | £473,725 | £475,000 | 2 MEETING HOUSE LANE |
| 12 Aug 2022 | £331,109 | £332,000 | 3 FARRIERS CLOSE |
This house has a floor area of 64 sq meters or 690 sq feet when measured on 7 Jun 2010. Using an estimated price of £356,259 means this house is valued at £5,552 per sq meter (£515 per sq foot).
The average size of a house on FARRIERS CLOSE is 56 sq meters (612 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Farriers Close | |
| Jan 2024 | Anti-social behaviour | On or near Farriers Close | |
| Jan 2024 | Anti-social behaviour | On or near Farriers Close | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Street |
| Dec 2023 | Public order | Under investigation | On or near Church Street |