£476,087
This estimated value is based upon the latest sale price for the house of £470,000 on 29 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 |
|---|---|
| £470,000 | 29 Sep 2023 |
| £180,000 | 6 May 2014 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £470,000 results in an estimated price of approximately £476,087.
| 29 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £470,000 | £6,087 | £476,087 |
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 | -4.084 % | £-19,196 | £450,803 |
| 3 Month Average | -4.217 % | £-19,819 | £450,180 |
| 6 Month Average | -7.491 % | £-35,206 | £434,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £324,809 | £320,000 | 11 HILLSIDE |
| 29 Sep 2023 | £476,087 | £470,000 | 178 BEDWELL CRESCENT |
| 24 Jul 2023 | £334,502 | £330,000 | 48 RAMSDELL |
| 31 Mar 2023 | £282,663 | £280,000 | 42 RAMSDELL |
| 31 Jan 2023 | £191,100 | £192,000 | 17 HILLSIDE HOUSE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 10 Jul 2020. Using an estimated price of £476,087 means this house is valued at £4,289 per sq meter (£398 per sq foot).
The average size of a house on BEDWELL CRESCENT is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillside |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillside |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillside |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hillside |
| Feb 2024 | Drugs | Local resolution | On or near Hillside |