£319,946
This estimated value is based upon the latest sale price for the house of £260,000 on 6 Aug 2019. 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 |
|---|---|
| £260,000 | 6 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 August 2019 the House Price Index for HERTFORDSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £260,000 results in an estimated price of approximately £319,946.
| 6 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £260,000 | £59,946 | £319,946 |
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 | 28.063 % | £72,962 | £332,962 |
| 3 Month Average | 12.290 % | £31,953 | £291,953 |
| 6 Month Average | 14.191 % | £36,895 | £296,895 |
| 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 89 sq meters or 957 sq feet when measured on 5 Oct 2018. Using an estimated price of £319,947 means this house is valued at £3,594 per sq meter (£333 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 | Criminal damage and arson | Under investigation | On or near Monkswood Lane |
| Apr 2024 | Vehicle crime | Under investigation | On or near Monkswood Lane |
| Jan 2024 | Anti-social behaviour | On or near Monkswood Lane |