£361,098
This estimated value is based upon the latest sale price for the house of £243,000 on 12 Jan 2015. 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 |
|---|---|
| £243,000 | 12 Jan 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 January 2015 the House Price Index for HERTFORDSHIRE was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £243,000 results in an estimated price of approximately £361,098.
| 12 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £243,000 | £118,098 | £361,098 |
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 | 28.485 % | £69,217 | £312,217 |
| 3 Month Average | 60.461 % | £146,920 | £389,920 |
| 6 Month Average | 46.613 % | £113,269 | £356,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £498,726 | £490,000 | 22 THE ROWANS |
| 16 Aug 2023 | £262,295 | £260,000 | 7 KNIGHTS COURT WESTON WAY |
| 31 Mar 2023 | £403,804 | £400,000 | 9 CLARE CRESCENT |
| 10 Nov 2022 | £419,914 | £425,000 | 56 WESTON WAY |
| 30 Jun 2022 | £396,605 | £391,000 | 7 NIGHTINGALE WAY |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 28 Jan 2015. Using an estimated price of £361,098 means this house is valued at £3,722 per sq meter (£345 per sq foot).
The average size of a house on WESTON WAY is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Willian Way |