£251,516
This estimated value is based upon the latest sale price for the house of £157,500 on 25 May 2007. 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 |
|---|---|
| £157,500 | 25 May 2007 |
| £80,995 | 26 Apr 2001 |
| £43,000 | 23 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 943 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 2007 the House Price Index for HERTFORDSHIRE was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £157,500 results in an estimated price of approximately £251,516.
| 25 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £157,500 | £94,016 | £251,516 |
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 | 64.570 % | £101,697 | £259,197 |
| 3 Month Average | 45.106 % | £71,041 | £228,541 |
| 6 Month Average | 46.870 % | £73,819 | £231,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £204,931 | £203,000 | 43 SOUTHWARK CLOSE |
| 6 Feb 2023 | £339,771 | £340,000 | 56 SOUTHWARK CLOSE |
| 30 Aug 2022 | £309,168 | £310,000 | 80 EXETER CLOSE |
| 28 Mar 2022 | £315,024 | £304,000 | 21 EXETER CLOSE |
| 22 Sep 2021 | £301,726 | £280,000 | 7 EXETER CLOSE |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 15 Aug 2011. Using an estimated price of £251,516 means this house is valued at £2,870 per sq meter (£266 per sq foot).
The average size of a house on SOUTHWARK CLOSE is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Southwark Close | |
| Feb 2024 | Anti-social behaviour | On or near Southwark Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Southwark Close |
| Mar 2024 | Bicycle theft | Under investigation | On or near Pilgrims Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pilgrims Way |