£505,570
This estimated value is based upon the latest sale price for the house of £415,000 on 15 May 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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101 High Street, Stevenage, SG1 3HR
Phone: 01438870422
| Price Paid | Date |
|---|---|
| £415,000 | 15 May 2020 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 May 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £415,000 results in an estimated price of approximately £505,570.
| 15 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.824 % | £415,000 | £90,570 | £505,570 |
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 | 15.044 % | £62,431 | £477,431 |
| 3 Month Average | -6.566 % | £-27,250 | £387,749 |
| 6 Month Average | 2.047 % | £8,496 | £423,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £539,425 | £532,500 | 96 LETCHMORE ROAD |
| 2 Mar 2023 | £759,103 | £755,000 | 11 WESTON ROAD |
| 19 May 2022 | £342,593 | £337,500 | 34 WHITESMEAD ROAD |
| 4 May 2022 | £453,745 | £447,000 | 125 WALKERN ROAD |
| 17 Dec 2021 | £410,815 | £385,000 | 13 ROWAN CRESCENT |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 4 Jun 2019. Using an estimated price of £505,570 means this house is valued at £5,680 per sq meter (£527 per sq foot).
The average size of a house on LETCHMORE ROAD is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rowan Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rowan Crescent |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rowan Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gaylor Way |
| Apr 2024 | Anti-social behaviour | On or near Barclay Gardens |