£124,915
This estimated value is based upon the latest sale price for the house of £125,000 on 13 Feb 2023. 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 |
|---|---|
| £125,000 | 13 Feb 2023 |
| Freehold |
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 February 2023 the House Price Index for HERTFORDSHIRE was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £125,000 results in an estimated price of approximately £124,915.
| 13 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £125,000 | £-84 | £124,915 |
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 | 7.295 % | £9,119 | £134,119 |
| 3 Month Average | -5.000 % | £-6,249 | £118,750 |
| 6 Month Average | 3.698 % | £4,623 | £129,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £498,726 | £490,000 | 22 THE ROWANS |
| 1 Sep 2023 | £293,756 | £290,000 | 33 ALDER CLOSE |
| 31 Aug 2023 | £620,428 | £615,000 | 46 ALDER CLOSE |
| 31 Mar 2023 | £429,042 | £425,000 | 29 HILLCREST |
| 13 Feb 2023 | £124,916 | £125,000 | UNIT 4 BONDOR BUSINESS CENTRE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Rowans |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alder Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nightingale Way |
| Mar 2024 | Possession of weapons | Under investigation | On or near Elmwood Avenue |
| Mar 2024 | Possession of weapons | Under investigation | On or near Elmwood Avenue |