£282,495
This estimated value is based upon the latest sale price for the house of £117,950 on 21 Mar 2003. 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 |
|---|---|
| £117,950 | 21 Mar 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 631 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 March 2003 the House Price Index for HERTFORDSHIRE was 61.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 139.504%.Applying this 139.504% change to the original purchase price of £117,950 results in an estimated price of approximately £282,495.
| 21 Mar 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 146.7 | 139.504 % | £117,950 | £164,545 | £282,495 |
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 | 156.386 % | £184,456 | £302,406 |
| 3 Month Average | 122.759 % | £144,794 | £262,744 |
| 6 Month Average | 185.327 % | £218,593 | £336,543 |
This house has a floor area of 58 sq meters or 631 sq feet when measured on 28 Apr 2011.
The average size of a house on HIGH AVENUE is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Unwin Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Unwin Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near High Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near High Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Avenue |