£646,146
This estimated value is based upon the latest sale price for the house of £470,000 on 10 Nov 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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9 Arena Parade, Letchworth, SG6 3BY
Phone: 01462228759
| Price Paid | Date |
|---|---|
| £470,000 | 10 Nov 2015 |
| £138,000 | 4 Dec 1998 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 November 2015 the House Price Index for HERTFORDSHIRE was 106.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 37.478%.Applying this 37.478% change to the original purchase price of £470,000 results in an estimated price of approximately £646,146.
| 10 Nov 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 146.7 | 37.478 % | £470,000 | £176,146 | £646,146 |
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 | 65.039 % | £305,683 | £775,683 |
| 3 Month Average | 17.694 % | £83,159 | £553,159 |
| 6 Month Average | 45.744 % | £214,998 | £684,998 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 15 Apr 2015.
The average size of a house on WOOLSTON AVENUE is 144 sq meters (1,559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woolston Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Whitethorn Lane |
| Feb 2024 | Anti-social behaviour | On or near Willian Way | |
| Feb 2024 | Anti-social behaviour | On or near Willian Way | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Willian Way |