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Stevenage House Prices Stevenage House Prices

The average house price in Stevenage is £334,864 using HM Land Registry data.

The average property price increased by £78,863 (27.05%) over the last 5 years and increased by £15,761 (4.44%) over the last 12 months.

Over the last year, there were 757 residential property sales – a decrease of 414 transactions (-54.69%) relative to the previous year. The majority of house sales (272) were in the £294,000 - £356,000 range. Then came properties in the £356,000 - £418,000 range, where 99 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,271 (-1%).

In April 2024, there were 179 new estate agency instructions, 115 agreed home sales and 79 property price reductions.

Postcodes Covered: SG1, SG2, SG3

5-Year Average Property Prices in Stevenage

27.05%

Property prices in Stevenage increased by 27.05% 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 Stevenage Over the Last Year

4.44%

Property prices in Stevenage increased by 4.44% 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 Stevenage - April 2024

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 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 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 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 Stevenage since 1995

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

Recent Property Sales in Stevenage

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
17 Ripon Road, Stevenage, Hertfordshire, SG1 4LL£315,000£310,000-£5,00021 Jul 202304 Mar 2024227 Days
33 Faraday Road, Stevenage, Hertfordshire, SG2 0BA£325,000£325,000£0005 Jul 202304 Mar 2024243 Days
116 Kimbolton Crescent, Stevenage, Hertfordshire, SG2 8RL£300,000£297,500-£2,50023 Aug 202304 Mar 2024194 Days
30 Shearwater Close, Stevenage, Hertfordshire, SG2 9RY£300,000£297,000-£3,00024 Oct 202301 Mar 2024129 Days
10 Poppy Mead, Stevenage, Hertfordshire, SG1 1QZ£360,000£360,000£0004 Sep 202323 Feb 2024172 Days
75 Bandley Rise, Stevenage, Hertfordshire, SG2 9NR£385,000£380,000-£5,00006 Oct 202323 Feb 2024140 Days
63 Valley Way, Stevenage, Hertfordshire, SG2 9AF£400,000£390,000-£10,00024 Aug 202323 Feb 2024183 Days
62 Hayfield, Stevenage, Hertfordshire, SG2 7JR£440,000£430,000-£10,00031 Oct 202319 Feb 2024111 Days
100 Holly Leys, Stevenage, Hertfordshire, SG2 8HY£325,000£318,000-£7,00029 Nov 202319 Feb 202482 Days
55 Douglas Drive, Stevenage, Hertfordshire, SG1 5PG£375,000£375,000£0029 Sep 202315 Feb 2024139 Days
33 Shearwater Close, Stevenage, Hertfordshire, SG2 9RY£315,000£308,000-£7,00026 Nov 202214 Feb 2024445 Days
20 Beane Walk, Stevenage, Hertfordshire, SG2 7DP£315,000£165,000-£150,00003 Jul 202013 Feb 20241320 Days
10 Carisbrooke Close, Stevenage, Hertfordshire, SG2 8QQ£375,000£375,000£0029 Aug 202306 Feb 2024161 Days
19 Alleyns Road, Stevenage, Hertfordshire, SG1 3PG£365,000£355,000-£10,00025 Sep 202302 Feb 2024130 Days
30 Larkinson, Stevenage, Hertfordshire, SG1 3HP£175,000£165,000-£10,00011 May 202301 Feb 2024266 Days
116 Chalkdown, Stevenage, Hertfordshire, SG2 7BN£340,000£338,950-£1,05019 Aug 202331 Jan 2024165 Days
42 Brunel Road, Stevenage, Hertfordshire, SG2 0AB£395,000£370,000-£25,00010 Oct 202318 Jan 2024100 Days
12 Caernarvon Close, Stevenage, Hertfordshire, SG2 8UB£325,000£325,000£0011 Aug 202315 Jan 2024157 Days
38 Rockingham Way, Stevenage, Hertfordshire, SG1 1SH£280,000£280,000£0005 Oct 202311 Jan 202498 Days
222 Grace Way, Stevenage, Hertfordshire, SG1 5AQ£400,000£400,000£0003 May 202311 Jan 2024253 Days

Most Expensive Streets in Stevenage

PostcodeStreetAreaAverageNo. of Sales
SG2 8DGGlamis CloseStevenage£871,0005
SG1 4BPWoodfield RoadStevenage£865,0003
SG1 2HPSymonds Green LaneStevenage£824,5836
SG1 4BHWhitney DriveStevenage£802,5004
SG1 4TZChancellors RoadStevenage£781,0005
SG1 4XBMathews CloseStevenage£761,6663
SG1 4SAFoster CloseStevenage£731,6663
SG1 4APChancellors RoadStevenage£720,0003
SG1 3FAEssex CloseStevenage£703,6663
SG1 4BLWhitney DriveStevenage£688,7504

Least Expensive Streets in Stevenage

PostcodeStreetAreaAverageNo. of Sales
SG1 4GTJefferson HouseGiles Crescent£89,60014
SG1 2LSWatson RoadStevenage£93,2005
SG1 4GWShapiro HouseGiles Crescent£104,4305
SG1 4FQChilton HouseGiles Crescent£111,89712
SG2 8EYNokesideStevenage£113,7504
SG1 1AWSix Hills House West TerraceKings Road£119,55021
SG1 4GSCopeland HouseGiles Crescent£120,28619
SG1 1AUSix Hills House East TerraceKings Road£121,2188
SG1 3UFMiller WayStevenage£132,3217
SG1 6GACromdale WalkGreat Ashby£135,3927

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