£285,025
This estimated value is based upon the latest sale price for the house of £72,500 on 28 Jan 2000. 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 |
|---|---|
| £72,500 | 28 Jan 2000 |
| 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 January 2000 the House Price Index for HERTFORDSHIRE was 37.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 293.139%.Applying this 293.139% change to the original purchase price of £72,500 results in an estimated price of approximately £285,025.
| 28 Jan 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.3 | 146.7 | 293.139 % | £72,500 | £212,525 | £285,025 |
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 | 285.739 % | £207,160 | £279,660 |
| 3 Month Average | 284.977 % | £206,608 | £279,108 |
| 6 Month Average | 290.551 % | £210,649 | £283,149 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near West Reach |
| Jan 2024 | Public order | Offender given a caution | On or near West Reach |
| Dec 2023 | Anti-social behaviour | On or near West Reach | |
| Dec 2023 | Anti-social behaviour | On or near West Reach | |
| Dec 2023 | Anti-social behaviour | On or near West Reach |