7 ROWLEY LANE
| Price Paid | Date |
|---|---|
| £450,000 | 13 Oct 2017 |
| £450,000 | 13 Oct 2017 |
| Semi-Detached |
| Freehold |
House Price Models
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 October 2017 the House Price Index for HERTFORDSHIRE was 126.6.
The House Price Index as of 1 Dec 2019 is 126.3 which is a change of -0.266%.Applying this -0.266% change to the original purchase price of £450,000 gives us an estimated price now of around £448,803.
| 13 Oct 2017 | 1 Dec 2019 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.6 | 126.3 | -0.266 % | £450,000 | £-1,196 | £448,803 |
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 | -28.972 % | £-130,374 | £319,625 |
| 3 Month Average | -9.692 % | £-43,614 | £406,385 |
| 6 Month Average | 9.829 % | £44,232 | £494,232 |
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In October 2017 the average sale price for the 50 nearest sales within two miles of 7 ROWLEY LANE was £435,686.
In September 2020 the average sale price for the 10 nearest sales was £720,771. This is a change of 65.434%.
So taking the original purchase price of £450,000 and adjusting it by 65.434% gives an estimated price of £744,451.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
| Average price on 13 Oct 2017 | Average price on 29 Sep 2020 | % change | Purchase Price | Gain / Loss | Estimated Price |
| £435,686 | £720,771 | 65.434 % | £450,000 | £294,451 | £744,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2019 | £380,000 | £380,000 | 8 GRACE CLOSE |
| 28 Oct 2019 | £352,667 | £350,000 | 32 NOVELLO WAY |
| 12 Sep 2019 | £478,206 | £475,000 | 14 ALEXANDRA ROAD |
| 19 Jul 2019 | £470,759 | £465,000 | 12 ALEXANDRA ROAD |
| 14 Jun 2019 | £461,751 | £455,000 | 15 ALEXANDRA ROAD |
Show these sales on a map
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