£428,723
This estimated value is based upon the latest sale price for the house of £425,000 on 5 Dec 2022. 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 |
---|---|
£425,000 | 5 Dec 2022 |
£190,000 | 5 Oct 2009 |
£55,500 | 3 Oct 1997 |
Terraced |
Freehold |
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 December 2022 the House Price Index for HERTFORDSHIRE was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £425,000 results in an estimated price of approximately £428,723.
5 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.4 | 149.7 | 0.876 % | £425,000 | £3,723 | £428,723 |
The Postcode Pricing Model uses changes in average sales price within the SG2 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 | -4.952 % | £-21,047 | £403,952 |
3 Month Average | 2.321 % | £9,865 | £434,865 |
6 Month Average | -4.806 % | £-20,425 | £404,574 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2024 | £305,000 | £305,000 | 1 THE CHACE |
10 Nov 2023 | £359,116 | £350,000 | 89 BROAD OAK WAY |
30 Jun 2023 | £229,601 | £225,000 | 19 BROAD OAK WAY |
24 Mar 2023 | £194,244 | £191,000 | FLAT 2 BROADWATER FARM LONDON ROAD |
24 Mar 2023 | £422,048 | £415,000 | 25 THE CHACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hanover Close |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hanover Close |
Aug 2024 | Shoplifting | Under investigation | On or near Hanover Close |
Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hanover Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Turpin'S Rise |