£358,665
This estimated value is based upon the latest sale price for the house of £270,000 on 8 Sep 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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8 Market Place, Stevenage, SG1 1DB
Phone: 01438870091
| Price Paid | Date |
|---|---|
| £270,000 | 8 Sep 2016 |
| £184,000 | 30 Mar 2012 |
| £170,000 | 10 Nov 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 991 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 September 2016 the House Price Index for HERTFORDSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £270,000 results in an estimated price of approximately £358,665.
| 8 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £270,000 | £88,665 | £358,665 |
The Postcode Pricing Model uses changes in average sales price within the SG2 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 | 40.190 % | £108,513 | £378,513 |
| 3 Month Average | 17.769 % | £47,975 | £317,975 |
| 6 Month Average | 21.042 % | £56,813 | £326,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £227,759 | £225,000 | 19 BROAD OAK WAY |
| 14 Apr 2023 | £389,190 | £385,000 | 86 ST MARGARETS |
| 28 Nov 2022 | £355,692 | £360,000 | 83A TURPINS RISE |
| 27 Jun 2022 | £395,590 | £390,000 | 81 ST MARGARETS |
| 28 Mar 2022 | £414,505 | £400,000 | 32 BROAD OAK WAY |
This house has a floor area of 92 sq meters or 991 sq feet when measured on 13 Dec 2011. Using an estimated price of £358,666 means this house is valued at £3,892 per sq meter (£361 per sq foot).
The average size of a house on BROAD OAK WAY is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Oakdell | |
| Mar 2024 | Anti-social behaviour | On or near Oakdell | |
| Apr 2024 | Burglary | Under investigation | On or near St Margarets |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near St Margarets |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Margarets |