£370,573
This estimated value is based upon the latest sale price for the house of £237,000 on 18 Dec 2007. 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 |
---|---|
£237,000 | 18 Dec 2007 |
Terraced |
Freehold |
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 2007 the House Price Index for HERTFORDSHIRE was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £237,000 results in an estimated price of approximately £370,573.
18 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 149.7 | 56.360 % | £237,000 | £133,573 | £370,573 |
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 | 64.015 % | £151,716 | £388,716 |
3 Month Average | 81.167 % | £192,364 | £429,364 |
6 Month Average | 78.709 % | £186,540 | £423,540 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £371,704 | £365,000 | 114 TELFORD AVENUE |
7 Jun 2023 | £346,953 | £340,000 | 105 TELFORD AVENUE |
24 Mar 2023 | £254,246 | £250,000 | 82 NEWTON ROAD |
1 Sep 2022 | £374,750 | £375,000 | 92 NEWTON ROAD |
19 Apr 2022 | £354,798 | £342,000 | 64 NEWTON ROAD |