£338,715
This estimated value is based upon the latest sale price for the house of £245,000 on 20 Jan 2016. 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 |
|---|---|
| £245,000 | 20 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 January 2016 the House Price Index for HERTFORDSHIRE was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £245,000 results in an estimated price of approximately £338,715.
| 20 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £245,000 | £93,715 | £338,715 |
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 | 15.534 % | £38,059 | £283,059 |
| 3 Month Average | 31.645 % | £77,531 | £322,531 |
| 6 Month Average | 31.032 % | £76,027 | £321,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £307,814 | £300,000 | 145 DERBY WAY |
| 17 Nov 2023 | £345,777 | £337,000 | 19 LIVINGSTONE LINK |
| 4 Oct 2023 | £161,672 | £158,000 | 61 RALEIGH CRESCENT |
| 28 Sep 2023 | £370,160 | £362,000 | 8 RALEIGH CRESCENT |
| 16 Aug 2023 | £356,429 | £350,000 | 27 HUDSON ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 10 Aug 2015. Using an estimated price of £338,716 means this house is valued at £4,516 per sq meter (£419 per sq foot).
The average size of a house on RALEIGH CRESCENT is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hudson Road |