£390,252
This estimated value is based upon the latest sale price for the house of £385,000 on 7 Jul 2023. 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 |
|---|---|
| £385,000 | 7 Jul 2023 |
| £340,000 | 16 Jun 2022 |
| £157,000 | 8 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2023 the House Price Index for HERTFORDSHIRE was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £385,000 results in an estimated price of approximately £390,252.
| 7 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £385,000 | £5,252 | £390,252 |
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 | -15.317 % | £-58,970 | £326,029 |
| 3 Month Average | -11.482 % | £-44,206 | £340,793 |
| 6 Month Average | -5.716 % | £-22,008 | £362,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £334,959 | £330,000 | 14 ALMONDS LANE |
| 25 Aug 2023 | £450,945 | £447,000 | 30 TRAFFORD CLOSE |
| 7 Jul 2023 | £390,252 | £385,000 | 46 WESTON ROAD |
| 28 Apr 2023 | £584,797 | £578,500 | 39 TRAFFORD CLOSE |
| 25 Apr 2023 | £753,109 | £745,000 | 24 TRAFFORD CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 27 Apr 2016. Using an estimated price of £390,252 means this house is valued at £4,817 per sq meter (£447 per sq foot).
The average size of a house on WESTON ROAD is 93 sq meters (1,011 sq feet).