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Transactions for this house
Price PaidDate
£59,99515 May 1998
House Details

House Price Models

Land Registry House Price Index Model

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 1998 the House Price Index for HERTFORDSHIRE was 30.3.

The House Price Index as of 1 Dec 2019 is 126.3 which is a change of 316.333%.

Applying this 316.333% change to the original purchase price of £59,995 gives us an estimated price now of around £249,779.

15 May 1998 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
30.3 126.3 316.333 % £59,995 £189,784 £249,779

The Postcode Pricing Model uses changes in average sales price within the SG2 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 655.517 % £393,277 £453,272
3 Month Average 308.347 % £184,992 £244,987
6 Month Average 337.535 % £202,504 £262,499

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In May 1998 the average sale price for the 50 nearest sales within two miles of 21 THE NOKE was £72,453.

In September 2020 the average sale price for the 4 nearest sales was £394,789. This is a change of 444.891%.

So taking the original purchase price of £59,995 and adjusting it by 444.891% gives an estimated price of £326,907.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 15 May 1998 Average price on 29 Sep 2020 % change Purchase Price Gain / Loss Estimated Price
£72,453 £394,789 444.891 % £59,995 £266,912 £326,907
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
6 Nov 2019 £79,207 £78,750 26 NOKESIDE
13 Aug 2019 £275,559 £272,000 1 BURYDALE
28 Jun 2019 £295,318 £291,000 42 ELBOW LANE
7 Jun 2019 £251,680 £248,000 18 BROOK DRIVE
6 Jun 2019 £253,709 £250,000 3 PEPSAL END

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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