£497,169
This estimated value is based upon the latest sale price for the house of £430,000 on 2 Dec 2020. 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 | 2 Dec 2020 |
| £86,000 | 16 Aug 1996 |
| Semi-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 December 2020 the House Price Index for HERTFORDSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £430,000 results in an estimated price of approximately £497,169.
| 2 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £430,000 | £67,169 | £497,169 |
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 | 14.791 % | £63,603 | £493,603 |
| 3 Month Average | 10.847 % | £46,642 | £476,642 |
| 6 Month Average | 11.482 % | £49,373 | £479,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £318,074 | £310,000 | 30 NEWTON ROAD |
| 7 Aug 2023 | £302,455 | £297,000 | 26 NEWTON ROAD |
| 13 Mar 2023 | £284,755 | £280,000 | 4 BRUNEL ROAD |
| 24 Feb 2023 | £372,488 | £370,000 | 109 DRAKES DRIVE |
| 16 Feb 2023 | £347,320 | £345,000 | 102 DRAKES DRIVE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 27 Feb 2020. Using an estimated price of £497,170 means this house is valued at £3,945 per sq meter (£366 per sq foot).
The average size of a house on CHELLS WAY is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brunel Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brunel Road |