£193,885
This estimated value is based upon the latest sale price for the house of £190,000 on 21 Jun 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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19 Market Place, Stevenage, SG1 1DH
Phone: 01438412663
| Price Paid | Date |
|---|---|
| £190,000 | 21 Jun 2023 |
| £128,000 | 28 Sep 2007 |
| £116,000 | 4 May 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 June 2023 the House Price Index for HERTFORDSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £190,000 results in an estimated price of approximately £193,885.
| 21 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £190,000 | £3,885 | £193,885 |
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 | 5.180 % | £9,842 | £199,842 |
| 3 Month Average | -1.541 % | £-2,927 | £187,072 |
| 6 Month Average | 4.003 % | £7,605 | £197,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £374,506 | £365,000 | 401 VARDON ROAD |
| 21 Jun 2023 | £193,885 | £190,000 | 651 LONSDALE ROAD |
| 29 Mar 2023 | £172,887 | £170,000 | 568 GRACE WAY |
| 31 Jan 2023 | £305,817 | £305,000 | 423 LONSDALE ROAD |
| 16 Jun 2022 | £319,837 | £313,000 | 580 GRACE WAY |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 7 Jan 2020. Using an estimated price of £193,885 means this house is valued at £3,401 per sq meter (£316 per sq foot).
The average size of a house on LONSDALE ROAD is 88 sq meters (954 sq feet).