£300,813
This estimated value is based upon the latest sale price for the house of £224,000 on 20 May 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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129 High Street, Stevenage, SG1 3HS
Phone: 01438412580
| Price Paid | Date |
|---|---|
| £224,000 | 20 May 2016 |
| £160,000 | 3 Aug 2012 |
| £160,000 | 20 Sep 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 2016 the House Price Index for HERTFORDSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £224,000 results in an estimated price of approximately £300,813.
| 20 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £224,000 | £76,813 | £300,813 |
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 | -23.726 % | £-53,145 | £170,854 |
| 3 Month Average | 8.342 % | £18,685 | £242,685 |
| 6 Month Average | 7.965 % | £17,842 | £241,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £227,914 | £225,000 | 84 TOWNSEND MEWS |
| 3 Aug 2023 | £192,686 | £191,000 | 166 HIGH STREET |
| 30 Jun 2023 | £204,983 | £202,500 | 101 TOWNSEND MEWS |
| 20 Feb 2023 | £259,825 | £260,000 | 109 TOWNSEND MEWS |
| 7 Jul 2022 | £240,648 | £240,000 | 166B HIGH STREET |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 8 Jul 2020. Using an estimated price of £300,813 means this house is valued at £6,539 per sq meter (£607 per sq foot).
The average size of a house on TOWNSEND MEWS is 53 sq meters (575 sq feet).