£600,702
This estimated value is based upon the latest sale price for the house of £411,570 on 22 May 2015. 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 |
|---|---|
| £411,570 | 22 May 2015 |
| 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 2015 the House Price Index for HERTFORDSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £411,570 results in an estimated price of approximately £600,702.
| 22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £411,570 | £189,132 | £600,702 |
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 | 32.137 % | £132,266 | £543,836 |
| 3 Month Average | 63.757 % | £262,403 | £673,973 |
| 6 Month Average | 54.089 % | £222,614 | £634,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £203,005 | £200,000 | 10 WOODSIDE INDUSTRIAL PARK |
| 13 Jul 2023 | £412,553 | £407,000 | 104 RIDGE ROAD |
| 6 Mar 2023 | £555,231 | £550,000 | 9 ASCOT DRIVE |
| 18 Aug 2022 | £328,117 | £329,000 | 82 RIDGE ROAD |
| 13 Jul 2022 | £496,336 | £495,000 | 55 RIDGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Arden Press Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arden Press Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ridge Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridge Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ridge Road |