£294,096
This estimated value is based upon the latest sale price for the house of £195,000 on 3 Oct 2014. 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 |
|---|---|
| £195,000 | 3 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 October 2014 the House Price Index for HERTFORDSHIRE was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £195,000 results in an estimated price of approximately £294,096.
| 3 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £195,000 | £99,096 | £294,096 |
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 | 51.623 % | £100,664 | £295,664 |
| 3 Month Average | 54.920 % | £107,094 | £302,094 |
| 6 Month Average | 58.991 % | £115,033 | £310,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £338,595 | £330,000 | 14 ALMONDS LANE |
| 1 Aug 2023 | £12,730 | £12,500 | GARAGE NO 62 WHITESMEAD ROAD |
| 13 Mar 2023 | £345,774 | £340,000 | 87 ELLIS AVENUE |
| 2 Mar 2023 | £767,823 | £755,000 | 11 WESTON ROAD |
| 24 Feb 2023 | £417,791 | £415,000 | 94 ELLIS AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 23 Mar 2014. Using an estimated price of £294,097 means this house is valued at £3,196 per sq meter (£296 per sq foot).
The average size of a house on ELLIS AVENUE is 82 sq meters (887 sq feet).