£2,271,140
This estimated value is based upon the latest sale price for the house of £2,237,380 on 12 May 2022. 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 |
|---|---|
| £2,237,380 | 12 May 2022 |
| Leasehold |
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 2022 the House Price Index for HERTFORDSHIRE was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £2,237,380 results in an estimated price of approximately £2,271,140.
| 12 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £2,237,380 | £33,760 | £2,271,140 |
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 | -22.358 % | £-500,241 | £1,737,138 |
| 3 Month Average | 19.115 % | £427,681 | £2,665,061 |
| 6 Month Average | 7.719 % | £172,711 | £2,410,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £845,356 | £842,500 | 120 WEST VIEW |
| 10 Nov 2023 | £886,379 | £875,000 | 3 FIELD LANE |
| 14 Jul 2023 | £1,514,325 | £1,500,000 | 68 BROADWAY |
| 4 Jul 2023 | £984,311 | £975,000 | 101 SPRING ROAD |
| 8 Feb 2023 | £204,035 | £205,000 | 2A SOLLERSHOTT HALL SOLLERSHOTT EAST |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Spring Road | |
| Mar 2024 | Anti-social behaviour | On or near Spring Road | |
| Feb 2024 | Anti-social behaviour | On or near Spring Road | |
| Feb 2024 | Anti-social behaviour | On or near Spring Road | |
| Feb 2024 | Anti-social behaviour | On or near Spring Road |