£296,563
This estimated value is based upon the latest sale price for the house of £300,000 on 7 Dec 2022. 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 |
|---|---|
| £300,000 | 7 Dec 2022 |
| £172,000 | 4 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 December 2022 the House Price Index for HERTFORDSHIRE was 148.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.146%.Applying this -1.146% change to the original purchase price of £300,000 results in an estimated price of approximately £296,563.
| 7 Dec 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 146.7 | -1.146 % | £300,000 | £-3,436 | £296,563 |
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 | 15.792 % | £47,376 | £347,376 |
| 3 Month Average | -17.153 % | £-51,458 | £248,541 |
| 6 Month Average | -4.359 % | £-13,076 | £286,923 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 5 Nov 2018.
The average size of a house on BURSLAND is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Abbotts Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbotts Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Abbotts Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Bursland |
| Dec 2023 | Other crime | Further investigation is not in the public interest | On or near Bursland |