£643,806
This estimated value is based upon the latest sale price for the house of £480,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Devonshire House, 582 Honeypot Lane, Stanmore, HA7 1JS
Phone: 02081284472
| Price Paid | Date |
|---|---|
| £480,000 | 26 Aug 2016 |
| £432,500 | 8 Jan 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 84 sq meters or 904 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £480,000 results in an estimated price of approximately £643,806.
| 26 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £480,000 | £163,806 | £643,806 |
The Postcode Pricing Model uses changes in average sales price within the HA7 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 | -28.987 % | £-139,139 | £340,860 |
| 3 Month Average | -6.832 % | £-32,792 | £447,207 |
| 6 Month Average | 8.215 % | £39,432 | £519,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £452,825 | £443,750 | 1 MADELEINE COURT LETCHWORTH ROAD |
| 30 Aug 2022 | £346,621 | £345,000 | 22 VICTORIA COURT UNWIN WAY |
| 25 Oct 2021 | £393,478 | £353,000 | 28 VICTORIA COURT UNWIN WAY |
| 11 Jun 2021 | £235,195 | £217,599 | 35 ATTLEE COURT UNWIN WAY |
| 18 Nov 2020 | £566,449 | £485,000 | 1 ATTLEE COURT HOWARD ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 22 Nov 2012. Using an estimated price of £643,806 means this house is valued at £7,664 per sq meter (£712 per sq foot).
The average size of a house on HOWARD ROAD is 80 sq meters (868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Letchworth Road |