£194,282
This estimated value is based upon the latest sale price for the house of £190,000 on 14 Sep 2023. 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 |
|---|---|
| £190,000 | 14 Sep 2023 |
| £115,000 | 8 Aug 2012 |
| £110,000 | 13 Dec 2002 |
| £29,950 | 25 Nov 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 660 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 September 2023 the House Price Index for HERTFORDSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £190,000 results in an estimated price of approximately £194,282.
| 14 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £190,000 | £4,282 | £194,282 |
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 | 35.032 % | £66,560 | £256,560 |
| 3 Month Average | 23.961 % | £45,525 | £235,525 |
| 6 Month Average | 3.319 % | £6,306 | £196,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £126,950 | £125,000 | 31 CUTTYS LANE |
| 20 Nov 2023 | £333,465 | £325,000 | 79 PENN ROAD |
| 21 Sep 2023 | £329,258 | £322,000 | 37 FOX ROAD |
| 14 Sep 2023 | £194,283 | £190,000 | 119 PENN ROAD |
| 30 Jun 2023 | £117,352 | £115,000 | 9 HIGH PLASH |
This house has a floor area of 61 sq meters or 660 sq feet when measured on 27 Sep 2011. Using an estimated price of £194,283 means this house is valued at £3,165 per sq meter (£294 per sq foot).
The average size of a house on PENN ROAD is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Penn Road |
| Jun 2024 | Anti-social behaviour | On or near Penn Road | |
| May 2024 | Anti-social behaviour | On or near Penn Road | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penn Road |
| Apr 2024 | Anti-social behaviour | On or near Penn Road |