£261,227
This estimated value is based upon the latest sale price for the house of £210,000 on 28 Jun 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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8 Market Place, Stevenage, SG1 1DB
Phone: 01438870091
| Price Paid | Date |
|---|---|
| £210,000 | 28 Jun 2018 |
| £130,000 | 7 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 June 2018 the House Price Index for HERTFORDSHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £210,000 results in an estimated price of approximately £261,227.
| 28 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £210,000 | £51,227 | £261,227 |
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 | -13.133 % | £-27,580 | £182,419 |
| 3 Month Average | -2.247 % | £-4,718 | £205,281 |
| 6 Month Average | 0.942 % | £1,978 | £211,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £345,109 | £340,000 | 36 CROSSGATES |
| 8 Sep 2023 | £314,015 | £310,000 | 4 PRIORY DELL |
| 13 Mar 2023 | £499,708 | £495,000 | 43 HOMESTEAD MOAT |
| 17 Feb 2023 | £412,223 | £412,500 | 33 HOMESTEAD MOAT |
| 19 Aug 2022 | £326,122 | £327,000 | 8 PRIORY DELL |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 21 Feb 2020. Using an estimated price of £261,228 means this house is valued at £5,023 per sq meter (£466 per sq foot).
The average size of a house on CUTTYS LANE is 74 sq meters (800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Broom Walk | |
| Mar 2024 | Anti-social behaviour | On or near Broom Walk | |
| Mar 2024 | Anti-social behaviour | On or near Broom Walk | |
| Mar 2024 | Anti-social behaviour | On or near Broom Walk | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broom Walk |