£509,949
This estimated value is based upon the latest sale price for the house of £399,995 on 31 Jul 2017. 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 |
---|---|
£399,995 | 31 Jul 2017 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 July 2017 the House Price Index for HERTFORDSHIRE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £399,995 results in an estimated price of approximately £509,949.
31 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £399,995 | £109,954 | £509,949 |
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 | -19.721 % | £-78,884 | £321,110 |
3 Month Average | 19.001 % | £76,003 | £475,998 |
6 Month Average | 12.120 % | £48,481 | £448,476 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £119,528 | £118,000 | 32 ARBURY PLACE |
17 Mar 2023 | £297,806 | £295,000 | 12 ARBURY PLACE |
15 Mar 2023 | £287,711 | £285,000 | 7 ARBURY PLACE |
23 Feb 2023 | £319,785 | £320,000 | ELEPHANT COTTAGE TRANTERS MEWS WHITEHORSE STREET |
6 Jan 2023 | £292,124 | £293,500 | 45 ARBURY PLACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 14 Jul 2017. Using an estimated price of £509,949 means this house is valued at £5,794 per sq meter (£538 per sq foot).
The average size of a house on ARBURY PLACE is 68 sq meters (739 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arbury Place |
Mar 2024 | Anti-social behaviour | On or near Station Road | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
Mar 2024 | Anti-social behaviour | On or near Station Road |