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Estimated Market Value


This estimated value is based upon the latest sale price for the house of £595,000 on 4 Sep 1997. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE1

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Transactions for this house
Price PaidDate
£595,0004 Sep 1997
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 September 1997 the House Price Index for HERTFORDSHIRE was 28.0.

The House Price Index as of 1 Dec 2019 is 126.3 which is a change of 351.465%.

Applying this 351.465% change to the original purchase price of £595,000 gives us an estimated price now of around £2,686,217.

4 Sep 1997 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
28.0 126.3 351.465 % £595,000 £2,091,217 £2,686,217

The Postcode Pricing Model uses changes in average sales price within the WD3 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 89.671 % £533,544 £1,128,544
3 Month Average 353.491 % £2,103,273 £2,698,273
6 Month Average 362.173 % £2,154,929 £2,749,929
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
2 Sep 2019 £1,530,258 £1,520,000 8 NORTH APPROACH
18 Jan 2019 £188,320 £185,000 UNIT 27 PEERGLOW INDUSTRIAL ESTATE
24 Oct 2018 £1,640,621 £1,650,000 3A WOLSEY ROAD
24 Aug 2018 £1,870,239 £1,875,000 17 RUSSELL ROAD
10 Aug 2018 £947,588 £950,000 20 NORTH APPROACH

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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