£554,505
This estimated value is based upon the latest sale price for the house of £450,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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3 The Neighbourhood Centre, Great Ashby, Stevenage, SG1 6NH
Phone: 01438412158
| Price Paid | Date |
|---|---|
| £450,000 | 29 May 2020 |
| £149,950 | 29 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 May 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £450,000 results in an estimated price of approximately £554,505.
| 29 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £450,000 | £104,505 | £554,505 |
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 | 23.979 % | £107,905 | £557,905 |
| 3 Month Average | 62.895 % | £283,027 | £733,027 |
| 6 Month Average | 12.660 % | £56,968 | £506,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £419,528 | £410,000 | 122 HAYFIELD |
| 30 Aug 2023 | £442,990 | £435,000 | 93 HAYFIELD |
| 28 Apr 2023 | £642,008 | £630,000 | 2 MORLEY COTTAGES CHELLS LANE |
| 31 Mar 2023 | £310,180 | £305,000 | 105 HAYFIELD |
| 17 Feb 2023 | £704,707 | £700,000 | 2 BELASYSE COTTAGES CHELLS LANE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 1 Oct 2019. Using an estimated price of £554,506 means this house is valued at £4,047 per sq meter (£376 per sq foot).
The average size of a house on HAYFIELD is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chells Lane |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Cornfields |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Sweyns Mead |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sweyns Mead |
| Oct 2024 | Theft from the person | Under investigation | On or near The Hedgerows |