This estimated value is based upon the latest sale price for the house of £96,000 on 27 Sep 2001. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE1
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|£96,000||27 Sep 2001|
|£44,000||31 Oct 1996|
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 September 2001 the House Price Index for HERTFORDSHIRE was 47.5.The House Price Index as of 1 Dec 2019 is 126.3 which is a change of 166.055%.
Applying this 166.055% change to the original purchase price of £96,000 gives us an estimated price now of around £255,412.
|27 Sep 2001||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the WD6 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||155.182 %||£148,974||£244,974|
|3 Month Average||168.162 %||£161,435||£257,435|
|6 Month Average||211.353 %||£202,898||£298,898|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In September 2001 the average sale price for the 50 nearest sales within two miles of 29 LEEMING ROAD was £155,927.
In September 2020 the average sale price for the 10 nearest sales was £755,716. This is a change of 384.660%.
So taking the original purchase price of £96,000 and adjusting it by 384.660% gives an estimated price of £465,273.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 27 Sep 2001||Average price on 29 Sep 2020||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|2 Aug 2019||£582,523||£575,000||9 WINTHORPE GARDENS|
|21 Jun 2019||£116,706||£115,000||FLAT 9 QUEENS COURT BENNINGTON DRIVE|
|24 May 2019||£461,539||£455,000||11 BENNINGTON DRIVE|
|28 Feb 2019||£257,831||£252,500||11 TORWORTH ROAD|
|2 Nov 2018||£379,665||£380,000||8 WENTBRIDGE PATH|