£268,083
This estimated value is based upon the latest sale price for the house of £165,000 on 1 Nov 2013. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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9 Arena Parade, Letchworth, SG6 3BY
Phone: 01462228759
| Price Paid | Date |
|---|---|
| £165,000 | 1 Nov 2013 |
| £188,000 | 13 Feb 2008 |
| £91,500 | 10 Aug 2001 |
| £39,000 | 30 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 737 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 November 2013 the House Price Index for HERTFORDSHIRE was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £165,000 results in an estimated price of approximately £268,083.
| 1 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £165,000 | £103,083 | £268,083 |
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 | 36.786 % | £60,696 | £225,696 |
| 3 Month Average | 85.193 % | £140,568 | £305,568 |
| 6 Month Average | 79.887 % | £131,812 | £296,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Mar 2023 | £630,944 | £625,000 | 1 HITCHIN ROAD |
| 8 Feb 2023 | £204,862 | £205,000 | 2A SOLLERSHOTT HALL SOLLERSHOTT EAST |
| 24 Nov 2022 | £265,781 | £269,000 | 50 SOLLERSHOTT HALL SOLLERSHOTT EAST |
| 20 Jul 2022 | £225,607 | £225,000 | 40 SOLLERSHOTT HALL SOLLERSHOTT EAST |
| 20 Apr 2022 | £1,652,828 | £1,605,000 | BURCOTT, 513 BROADWAY |
This house has a floor area of 68 sq meters or 737 sq feet when measured on 20 Apr 2010. Using an estimated price of £268,084 means this house is valued at £3,914 per sq meter (£363 per sq foot).
The average size of a house on SOLLERSHOTT EAST is 79 sq meters (852 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Muddy Lane | |
| Jan 2024 | Anti-social behaviour | On or near Muddy Lane | |
| Jan 2024 | Anti-social behaviour | On or near Muddy Lane | |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near The Glade |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Parker Close |