£592,476
This estimated value is based upon the latest sale price for the house of £475,000 on 3 May 2018. 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 |
---|---|
£475,000 | 3 May 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 108 sq meters or 1,162 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 May 2018 the House Price Index for HERTFORDSHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £475,000 results in an estimated price of approximately £592,476.
3 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £475,000 | £117,476 | £592,476 |
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 | -10.882 % | £-51,690 | £423,309 |
3 Month Average | 21.574 % | £102,477 | £577,477 |
6 Month Average | 19.402 % | £92,157 | £567,157 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jul 2022 | £134,362 | £134,000 | 41 COACHMANS LANE |
30 Jun 2022 | £263,727 | £260,000 | 25 COACHMANS LANE |
17 Dec 2021 | £326,770 | £305,000 | 20 COACHMANS LANE |
29 Nov 2021 | £346,084 | £320,000 | 14 HOPEWELL ROAD |
8 Sep 2021 | £216,057 | £200,500 | UNIT 18 JUBILEE TRADE CENTRE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 20 Sep 2017. Using an estimated price of £592,477 means this house is valued at £5,485 per sq meter (£509 per sq foot).
The average size of a house on HADRIAN WAY is 124 sq meters (1,334 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hadrian Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Works Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near A1(M) |
Mar 2024 | Other theft | Under investigation | On or near A1(M) |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jubilee Road |