£347,378
This estimated value is based upon the latest sale price for the house of £226,000 on 23 Jun 2014. 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 |
|---|---|
| £226,000 | 23 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2014 the House Price Index for HERTFORDSHIRE was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £226,000 results in an estimated price of approximately £347,378.
| 23 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £226,000 | £121,378 | £347,378 |
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 | 61.009 % | £137,879 | £363,879 |
| 3 Month Average | 30.684 % | £69,346 | £295,346 |
| 6 Month Average | 38.506 % | £87,023 | £313,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £334,959 | £330,000 | 14 ALMONDS LANE |
| 7 Jul 2023 | £359,843 | £355,000 | 96 ELLIS AVENUE |
| 7 Jul 2023 | £390,252 | £385,000 | 46 WESTON ROAD |
| 13 Mar 2023 | £343,234 | £340,000 | 87 ELLIS AVENUE |
| 2 Mar 2023 | £762,181 | £755,000 | 11 WESTON ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 18 Jan 2014. Using an estimated price of £347,379 means this house is valued at £5,602 per sq meter (£520 per sq foot).
The average size of a house on WESTON ROAD is 93 sq meters (1,011 sq feet).