7, ELY CLOSE, STEVENAGE, SG1 4NN - £166,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 ELY CLOSE is a terraced house, which could now be worth an estimated £322,008. It was last sold for £166,000 in May 2007, which was around 2% above the average May 2007 terraced price in the Stevenage local authority area.

7 ELY CLOSE Sold Prices

Land registry data shows two sales for 7 ELY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Stevenage local authority area for the corresponding sale date. One of the two 7 ELY CLOSE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 25 MAY	£166,000	£162,787	2% above HPI
1999 29 JUL	£59,500	£62,380	5% below HPI

What might 7 ELY CLOSE be worth now?

7 ELY CLOSE might now be worth an estimated £322,008.

This is based on house price inflation of 94%, between May 2007 and April 2026, for terraced houses, in the Stevenage local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 94% inflationary increase is applied to the most recent sale price for 7 ELY CLOSE of £166,000 on 25th May 2007. For the value to have increased from £166,000 to £322,008 over the nineteen years and one month to April 2026, the following assumptions must hold true:

• The value of 7 ELY CLOSE has moved in line with the HPI for terraced houses in the Stevenage local authority area.
• The May 2007 sale price of £166,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ELY CLOSE has not materially changed since May 2007.

Where is 7 ELY CLOSE?

7 ELY CLOSE is located in STEVENAGE, in the SG1 postcode district.