£421,219
This estimated value is based upon the latest sale price for the house of £285,000 on 24 Oct 2014. 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 |
|---|---|
| £285,000 | 24 Oct 2014 |
| £198,000 | 18 Aug 2006 |
| £78,500 | 19 Apr 1999 |
| £62,735 | 21 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 October 2014 the House Price Index for HERTFORDSHIRE was 99.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.796%.Applying this 47.796% change to the original purchase price of £285,000 results in an estimated price of approximately £421,219.
| 24 Oct 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 146.7 | 47.796 % | £285,000 | £136,219 | £421,219 |
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 | 40.862 % | £116,455 | £401,455 |
| 3 Month Average | 30.216 % | £86,116 | £371,116 |
| 6 Month Average | 57.591 % | £164,133 | £449,133 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 3 Jul 2014.
The average size of a house on RIDGE ROAD is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridge Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ridge Road |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Ridge Road |
| Mar 2024 | Burglary | Under investigation | On or near Pix Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broughton Hill |