£132,428
This estimated value is based upon the latest sale price for the house of £80,000 on 1 Dec 2006. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There have been two burglaries within the last year on or near A602
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8 Market Place, Stevenage, SG1 1DB
Phone: 01438870091
| Price Paid | Date |
|---|---|
| £80,000 | 1 Dec 2006 |
| £38,000 | 28 Feb 2001 |
| £35,000 | 18 Apr 2000 |
| £19,000 | 29 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 25 sq meters or 278 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 December 2006 the House Price Index for HERTFORDSHIRE was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £80,000 results in an estimated price of approximately £132,428.
| 1 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £80,000 | £52,428 | £132,428 |
The Postcode Pricing Model uses changes in average sales price within the SG1 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 | 59.861 % | £47,889 | £127,889 |
| 3 Month Average | 46.752 % | £37,401 | £117,401 |
| 6 Month Average | 50.767 % | £40,613 | £120,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £329,884 | £325,000 | 79 PENN ROAD |
| 14 Sep 2023 | £192,461 | £190,000 | 119 PENN ROAD |
| 20 Jun 2023 | £98,189 | £97,000 | 91 PENN ROAD |
| 6 Apr 2022 | £284,225 | £276,000 | 26 PENN ROAD |
| 17 Jan 2022 | £141,023 | £134,000 | 135 PENN ROAD |
This house has a floor area of 25 sq meters or 278 sq feet when measured on 19 Oct 2009. Using an estimated price of £132,428 means this house is valued at £5,124 per sq meter (£476 per sq foot).
The average size of a house on PENN ROAD is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near A602 | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near A602 |
| Mar 2024 | Drugs | Under investigation | On or near A602 |
| Mar 2024 | Burglary | Under investigation | On or near A602 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near A602 |