£426,050
This estimated value is based upon the latest sale price for the house of £320,000 on 1 Aug 2016. 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 |
|---|---|
| £320,000 | 1 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2016 the House Price Index for HERTFORDSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £320,000 results in an estimated price of approximately £426,050.
| 1 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £320,000 | £106,050 | £426,050 |
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 | 30.816 % | £98,609 | £418,609 |
| 3 Month Average | 17.728 % | £56,728 | £376,728 |
| 6 Month Average | 24.361 % | £77,954 | £397,954 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £243,607 | £240,000 | 139 CHELLS WAY |
| 9 Nov 2023 | £314,658 | £310,000 | 30 NEWTON ROAD |
| 7 Aug 2023 | £299,621 | £297,000 | 26 NEWTON ROAD |
| 7 Jul 2023 | £506,821 | £500,000 | 3 MOBBSBURY WAY |
| 21 Apr 2023 | £318,429 | £315,000 | 135 CHELLS WAY |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 27 Jun 2016. Using an estimated price of £426,050 means this house is valued at £4,438 per sq meter (£412 per sq foot).
The average size of a house on CHELLS WAY is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Awaiting court outcome | On or near Ross Court |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Ross Court |
| Mar 2024 | Anti-social behaviour | On or near Cameron Close | |
| Mar 2024 | Anti-social behaviour | On or near Cameron Close | |
| Mar 2024 | Public order | Under investigation | On or near Chells Way |