£333,962
This estimated value is based upon the latest sale price for the house of £315,000 on 24 Jan 2022. 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 |
---|---|
£315,000 | 24 Jan 2022 |
£250,000 | 2 Dec 2015 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 January 2022 the House Price Index for HERTFORDSHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £315,000 results in an estimated price of approximately £333,962.
24 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £315,000 | £18,962 | £333,962 |
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 | 20.173 % | £63,544 | £378,544 |
3 Month Average | 11.898 % | £37,477 | £352,477 |
6 Month Average | 10.683 % | £33,652 | £348,652 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £315,265 | £310,000 | 185 RALEIGH CRESCENT |
13 Mar 2023 | £284,755 | £280,000 | 4 BRUNEL ROAD |
24 Feb 2023 | £372,488 | £370,000 | 109 DRAKES DRIVE |
16 Feb 2023 | £347,320 | £345,000 | 102 DRAKES DRIVE |
27 Jan 2023 | £287,268 | £286,500 | 30 STANLEY ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 23 Feb 2015. Using an estimated price of £333,962 means this house is valued at £4,394 per sq meter (£408 per sq foot).
The average size of a house on DRAKES DRIVE is 74 sq meters (799 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Cabot Close |
Oct 2024 | Public order | Under investigation | On or near Cabot Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cabot Close |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Stanley Road |
Aug 2024 | Anti-social behaviour | On or near Stanley Road |