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House Prices in SG2 House Prices in SG2 (Stevenage)

The average house price in SG2 (Stevenage) is £313,157 using HM Land Registry data.

The average property price increased by £46,533 (19.67%) over the last 5 years and increased by £9,324 (3.1%) over the last 12 months.

Over the last year, there were 321 residential property sales – a decrease of 118 transactions (-36.76%) relative to the previous year. The majority of house sales (99) were in the £324,000 - £376,000 range. Then came properties in the £272,000 - £324,000 range, where 82 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,393 (-1%).

In Oct 24, there were 65 new estate agency instructions, 69 agreed home sales and 53 property price reductions.

Nearby Postcodes: AL4, AL5, AL6, AL7, AL9, CB11, CB23, CM19, CM20, CM21, CM23, EN10, EN11, EN6, EN7, LU2, MK44, MK45, PE19, SG1, SG10, SG11, SG12, SG13, SG14, SG15, SG16, SG17, SG18, SG19, SG3, SG4, SG5, SG6, SG7, SG8, SG9

5-Year Average Property Prices in SG2 (Stevenage)

19.67%

Property prices in Stevenage increased by 19.67% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SG2 (Stevenage) Over the Last Year

3.1%

Property prices in Stevenage increased by 3.1% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for SG2 (Stevenage) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SG2 (Stevenage)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SG2 (Stevenage)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SG2 (Stevenage)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SG2 (Stevenage) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SG2 postcode area since 1995.

Recent Sales in SG2 (Stevenage)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Aston End Road, Aston, Stevenage, Hertfordshire, SG2 7ET£729,000£700,000-£29,00021 May 202409 Aug 202480 Days
90 Whempstead Road, Benington, Stevenage, Hertfordshire, SG2 7DE£900,000£850,000-£50,00016 Apr 202309 Aug 2024481 Days
50 Stirling Close, Stevenage, Hertfordshire, SG2 8TQ£350,000£345,000-£5,00002 Mar 202409 Aug 2024160 Days
8 Magellan Close, Stevenage, Hertfordshire, SG2 0NF£350,000£325,000-£25,00015 Apr 202402 Aug 2024109 Days
21 Gordian Way, Stevenage, Hertfordshire, SG2 7QF£450,000£435,000-£15,00003 Jan 202431 Jul 2024210 Days
8 Wiltshire Road, Stevenage, Hertfordshire, SG2 9DU£300,000£275,000-£25,00015 Jan 202430 Jul 2024197 Days
15 Devonshire Close, Stevenage, Hertfordshire, SG2 8RY£475,000£459,200-£15,80022 Mar 202426 Jul 2024126 Days
16 Hayfield, Stevenage, Hertfordshire, SG2 7JP£325,000£320,000-£5,00030 Apr 202425 Jul 202486 Days
17 Walnut Tree Close, Stevenage, Hertfordshire, SG2 9RS£290,000£285,000-£5,00026 Dec 202325 Jul 2024212 Days
42 Trajan Gate, Stevenage, Hertfordshire, SG2 7QG£400,000£400,000£0006 Mar 202424 Jul 2024140 Days
51 Lime Close, Stevenage, Hertfordshire, SG2 9QB£315,000£300,000-£15,00010 Apr 202418 Jul 202499 Days
65 The Paddocks, Stevenage, Hertfordshire, SG2 9UE£375,000£370,000-£5,00026 Dec 202317 Jul 2024204 Days
164 Ferrier Road, Stevenage, Hertfordshire, SG2 0PD£195,000£185,000-£10,00029 Jan 202409 Jul 2024162 Days
112 Boxfield Green, Stevenage, Hertfordshire, SG2 7DS£370,000£360,000-£10,00022 Apr 202409 Jul 202478 Days
21 Cabot Close, Stevenage, Hertfordshire, SG2 0ES£300,000£300,000£0019 Feb 202421 Jun 2024123 Days
107 Jackdaw Close, Stevenage, Hertfordshire, SG2 9DB£625,000£610,000-£15,00013 Feb 202420 Jun 2024128 Days
7 Flinders Close, Stevenage, Hertfordshire, SG2 0NE£475,000£460,000-£15,00004 Mar 202417 Jun 2024105 Days
92 The Paddocks, Stevenage, Hertfordshire, SG2 9UB£270,000£250,000-£20,00011 Mar 202414 Jun 202495 Days
61 Collenswood Road, Stevenage, Hertfordshire, SG2 9ES£315,000£310,000-£5,00006 Mar 202414 Jun 2024100 Days
128 Gonville Crescent, Stevenage, Hertfordshire, SG2 9LX£325,000£320,000-£5,00007 Mar 202410 Jun 202495 Days

Most Expensive Streets in SG2 (Stevenage)

PostcodeStreetAreaAverageNo. of Sales
SG2 7DDHebing End, BeningtonStevenage£1,140,0008
SG2 7PBChurch End, WalkernStevenage£981,2504
SG2 7BUBenington Park Farm, Benington ParkStevenage£854,0005
SG2 7NPHigh Street, WalkernStevenage£799,1663
SG2 8RRBrookhillStevenage£718,3333
SG2 7NZWinters Lane, WalkernStevenage£685,6254
SG2 7BXWhempstead Road, BeningtonStevenage£665,8577
SG2 7EGAston Bury, AstonStevenage£662,2005
SG2 8STHertford RoadStevenage£654,1427
SG2 8UHMalvern CloseStevenage£653,3003

Least Expensive Streets in SG2 (Stevenage)

PostcodeStreetAreaAverageNo. of Sales
SG2 8EYNokesideStevenage£113,7504
SG2 9PHRoundmeadStevenage£139,2874
SG2 7HBBrookfield, AstonStevenage£168,3333
SG2 0EYNewhaven, Drakes DriveStevenage£201,0005
SG2 8JFBroughton Court, WychdellStevenage£202,6663
SG2 8UYSaxon House, Aylward DriveStevenage£215,0836
SG2 9RYShearwater CloseStevenage£227,30010
SG2 7DNUplandsStevenage£229,2508
SG2 9AWAngle WaysStevenage£230,0003
SG2 8SNOsterley CloseStevenage£231,8217

Explore SG2 (Stevenage) using map

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