£540,721
This estimated value is based upon the latest sale price for the house of £430,000 on 6 Apr 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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3 The Neighbourhood Centre, Great Ashby, Stevenage, SG1 6NH
Phone: 01438412158
| Price Paid | Date |
|---|---|
| £430,000 | 6 Apr 2018 |
| £149,095 | 31 Jan 2000 |
| £119,950 | 26 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 April 2018 the House Price Index for HERTFORDSHIRE was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £430,000 results in an estimated price of approximately £540,721.
| 6 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £430,000 | £110,721 | £540,721 |
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 | -28.227 % | £-121,374 | £308,625 |
| 3 Month Average | 5.368 % | £23,080 | £453,080 |
| 6 Month Average | 7.259 % | £31,215 | £461,215 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £399,785 | £387,500 | 26 TRAJAN GATE |
| 9 Nov 2023 | £567,403 | £553,000 | 83 TRAJAN GATE |
| 30 Mar 2022 | £423,837 | £406,000 | 34 TRAJAN GATE |
| 20 Sep 2021 | £580,780 | £535,000 | 77 TRAJAN GATE |
| 9 Jul 2021 | £422,587 | £365,000 | 19 TRAJAN GATE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 6 Dec 2015. Using an estimated price of £540,721 means this house is valued at £4,468 per sq meter (£415 per sq foot).
The average size of a house on TRAJAN GATE is 91 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Neptune Gate |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Neptune Gate |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Valerian Way |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Valerian Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Minerva Close |