£403,465
This estimated value is based upon the latest sale price for the house of £325,000 on 25 Oct 2018. 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 |
|---|---|
| £325,000 | 25 Oct 2018 |
| £194,760 | 22 Feb 2013 |
| £116,000 | 29 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 October 2018 the House Price Index for HERTFORDSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £325,000 results in an estimated price of approximately £403,465.
| 25 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £325,000 | £78,465 | £403,465 |
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 | -4.396 % | £-14,287 | £310,712 |
| 3 Month Average | 11.369 % | £36,948 | £361,948 |
| 6 Month Average | 17.403 % | £56,560 | £381,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £482,241 | £470,000 | 7 DOVE ROAD |
| 25 Sep 2023 | £516,383 | £505,000 | 2 SEVERN WAY |
| 22 Sep 2023 | £654,426 | £640,000 | 18 ORWELL AVENUE |
| 12 Aug 2022 | £303,419 | £302,000 | 3 RYE CLOSE |
| 14 Jun 2022 | £446,545 | £437,000 | 4 SEVERN WAY |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 30 Oct 2012. Using an estimated price of £403,465 means this house is valued at £5,172 per sq meter (£480 per sq foot).
The average size of a house on RYE CLOSE is 67 sq meters (730 sq feet).
This house is the largest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Tees Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tees Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tees Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tees Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kennett Way |