£239,471
This estimated value is based upon the latest sale price for the house of £147,000 on 9 Feb 2007. 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 |
|---|---|
| £147,000 | 9 Feb 2007 |
| £92,000 | 25 Jun 2001 |
| £44,000 | 20 Nov 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 28 sq meters or 308 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 February 2007 the House Price Index for HERTFORDSHIRE was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £147,000 results in an estimated price of approximately £239,471.
| 9 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £147,000 | £92,471 | £239,471 |
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 | 81.159 % | £119,304 | £266,304 |
| 3 Month Average | 33.082 % | £48,630 | £195,630 |
| 6 Month Average | 73.100 % | £107,457 | £254,457 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £243,607 | £240,000 | FLAT 48 MAGDALENE COURT, 2 ROYSTON ROAD |
| 13 Jun 2023 | £293,556 | £290,000 | FLAT 42 MAGDALENE COURT, 2 ROYSTON ROAD |
| 18 Apr 2023 | £237,558 | £235,000 | FLAT 21 MAGDALENE COURT, 2 ROYSTON ROAD |
| 10 May 2022 | £258,368 | £253,500 | FLAT 26 MAGDALENE COURT, 2 ROYSTON ROAD |
| 17 Dec 2021 | £251,774 | £235,000 | FLAT 47 MAGDALENE COURT, 2 ROYSTON ROAD |
This house has a floor area of 28 sq meters or 308 sq feet when measured on 9 Nov 2008. Using an estimated price of £239,471 means this house is valued at £8,343 per sq meter (£775 per sq foot).
The average size of a house on CLOTHALL ROAD is 109 sq meters (1,176 sq feet).
This house is the smallest in the street with a floor area of 28 sq meters (308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grosvenor Road West |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Road West |
| Mar 2024 | Drugs | Under investigation | On or near Tranters Mews |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tranters Mews |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Tranters Mews |