£305,101
This estimated value is based upon the latest sale price for the house of £283,250 on 4 Nov 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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8 Market Place, Stevenage, SG1 1DB
Phone: 01438870091
| Price Paid | Date |
|---|---|
| £283,250 | 4 Nov 2021 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 November 2021 the House Price Index for HERTFORDSHIRE was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £283,250 results in an estimated price of approximately £305,101.
| 4 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £283,250 | £21,851 | £305,101 |
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 | -3.001 % | £-8,501 | £274,748 |
| 3 Month Average | -20.396 % | £-57,771 | £225,478 |
| 6 Month Average | -14.467 % | £-40,976 | £242,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £354,552 | £350,000 | 74 SILAM ROAD |
| 7 Aug 2023 | £312,400 | £310,500 | 64 PLASH DRIVE |
| 30 Jun 2023 | £115,940 | £115,000 | 9 HIGH PLASH |
| 17 Apr 2023 | £330,456 | £328,000 | 70 SILAM ROAD |
| 8 Aug 2022 | £317,852 | £320,000 | 34 PENN ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 16 Jun 2021. Using an estimated price of £305,102 means this house is valued at £3,720 per sq meter (£345 per sq foot).
The average size of a house on CUTTYS LANE is 74 sq meters (800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cuttys Lane |
| Feb 2024 | Anti-social behaviour | On or near Cuttys Lane | |
| Feb 2024 | Anti-social behaviour | On or near Cuttys Lane | |
| Feb 2024 | Anti-social behaviour | On or near Cuttys Lane | |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Plash Drive |