£264,299
This estimated value is based upon the latest sale price for the house of £145,000 on 6 Feb 2009. 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 |
|---|---|
| £145,000 | 6 Feb 2009 |
| £75,000 | 27 Jun 2001 |
| £54,950 | 30 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 996 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 February 2009 the House Price Index for HERTFORDSHIRE was 80.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.275%.Applying this 82.275% change to the original purchase price of £145,000 results in an estimated price of approximately £264,299.
| 6 Feb 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 146.7 | 82.275 % | £145,000 | £119,299 | £264,299 |
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 | 15.027 % | £21,789 | £166,789 |
| 3 Month Average | 43.821 % | £63,540 | £208,540 |
| 6 Month Average | 58.629 % | £85,012 | £230,012 |
This house has a floor area of 92 sq meters or 996 sq feet when measured on 28 Nov 2008.
The average size of a house on VERITY WAY is 84 sq meters (904 sq feet).