£324,041
This estimated value is based upon the latest sale price for the house of £250,001 on 3 Mar 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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6 Station Parade, Letchworth Garden City, SG6 3AR
Phone: 01462659281
| Price Paid | Date |
|---|---|
| £250,001 | 3 Mar 2017 |
| £150,000 | 10 Aug 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 March 2017 the House Price Index for HERTFORDSHIRE was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £250,001 results in an estimated price of approximately £324,041.
| 3 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £250,001 | £74,040 | £324,041 |
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 | 30.284 % | £75,709 | £325,710 |
| 3 Month Average | 29.989 % | £74,973 | £324,974 |
| 6 Month Average | 23.401 % | £58,502 | £308,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £395,321 | £390,000 | H S B C STATION PLACE |
| 14 Jul 2023 | £283,820 | £280,000 | 3 LYALL CHAMBERS BROADWAY |
| 3 Mar 2023 | £176,664 | £175,000 | 36 BENNETT COURT |
| 30 Jan 2023 | £555,384 | £558,000 | 2 NURSERY COURT NEVELLS ROAD |
| 19 Oct 2022 | £212,710 | £215,000 | FLAT 7 NURSERY COURT NEVELLS ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 5 Dec 2016. Using an estimated price of £324,041 means this house is valued at £6,750 per sq meter (£627 per sq foot).
The average size of a house on NEVELLS ROAD is 110 sq meters (1,186 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Letchworth |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Letchworth |