£705,765
This estimated value is based upon the latest sale price for the house of £480,000 on 19 May 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Ashdown Road, Stevenage, SG2 8TY
Phone: 01438412786
| Price Paid | Date |
|---|---|
| £480,000 | 19 May 2015 |
| £300,000 | 3 Feb 2003 |
| £169,000 | 12 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 182 sq meters or 1,959 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 2015 the House Price Index for HERTFORDSHIRE was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £480,000 results in an estimated price of approximately £705,765.
| 19 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £480,000 | £225,765 | £705,765 |
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 | 24.403 % | £117,135 | £597,135 |
| 3 Month Average | 64.423 % | £309,232 | £789,232 |
| 6 Month Average | 54.558 % | £261,876 | £741,876 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £480,000 | £480,000 | 64 GRENVILLE WAY |
| 24 Mar 2023 | £416,963 | £410,000 | 55 WOODLAND WAY |
| 6 Mar 2023 | £569,511 | £560,000 | 8 GRENVILLE WAY |
| 29 Jun 2022 | £521,651 | £510,500 | 41 FELLOWES WAY |
| 30 Mar 2022 | £626,360 | £600,000 | 43 FELLOWES WAY |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 29 Nov 2014. Using an estimated price of £705,765 means this house is valued at £3,877 per sq meter (£360 per sq foot).
The average size of a house on GRENVILLE WAY is 131 sq meters (1,412 sq feet).