£674,002
This estimated value is based upon the latest sale price for the house of £520,000 on 22 Mar 2017. 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 |
|---|---|
| £520,000 | 22 Mar 2017 |
| £130,995 | 17 Feb 1997 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 March 2017 the House Price Index for HERTFORDSHIRE was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £520,000 results in an estimated price of approximately £674,002.
| 22 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £520,000 | £154,002 | £674,002 |
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 | 53.542 % | £278,416 | £798,416 |
| 3 Month Average | 19.647 % | £102,164 | £622,164 |
| 6 Month Average | 24.047 % | £125,043 | £645,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £544,527 | £535,000 | 29 LULWORTH CLOSE |
| 14 Jan 2022 | £552,514 | £525,000 | 2 GORDIAN WAY |
| 9 Sep 2020 | £518,886 | £437,000 | 80 GORDIAN WAY |
| 6 May 2020 | £617,706 | £505,000 | 53 GORDIAN WAY |
| 24 Jan 2020 | £426,900 | £350,000 | 6 GORDIAN WAY |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 12 Jan 2017. Using an estimated price of £674,003 means this house is valued at £5,349 per sq meter (£496 per sq foot).
The average size of a house on GORDIAN WAY is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Gordian Way |