£331,525
This estimated value is based upon the latest sale price for the house of £271,500 on 6 Aug 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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129 High Street, Stevenage, SG1 3HS
Phone: 01438412580
| Price Paid | Date |
|---|---|
| £271,500 | 6 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 August 2018 the House Price Index for HERTFORDSHIRE was 120.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.109%.Applying this 22.109% change to the original purchase price of £271,500 results in an estimated price of approximately £331,525.
| 6 Aug 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 146.7 | 22.109 % | £271,500 | £60,025 | £331,525 |
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 | -27.371 % | £-74,312 | £197,187 |
| 3 Month Average | -2.995 % | £-8,131 | £263,368 |
| 6 Month Average | 2.925 % | £7,940 | £279,440 |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 12 Mar 2018.
The average size of a house on VARDON ROAD is 90 sq meters (969 sq feet).