£701,434
This estimated value is based upon the latest sale price for the house of £700,000 on 8 Sep 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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57 High Street, Stevenage, SG1 3AQ
Phone: 01438412656
| Price Paid | Date |
|---|---|
| £700,000 | 8 Sep 2023 |
| Detached |
| Freehold |
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 September 2023 the House Price Index for HERTFORDSHIRE was 146.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.205%.Applying this 0.205% change to the original purchase price of £700,000 results in an estimated price of approximately £701,434.
| 8 Sep 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 146.7 | 0.205 % | £700,000 | £1,434 | £701,434 |
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 | -32.011 % | £-224,075 | £475,924 |
| 3 Month Average | -3.660 % | £-25,620 | £674,379 |
| 6 Month Average | -5.092 % | £-35,645 | £664,354 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Essex Road |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Essex Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Close |
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Essex Close |
| Jan 2024 | Anti-social behaviour | On or near Essex Close |