£267,296
This estimated value is based upon the latest sale price for the house of £180,000 on 2 Mar 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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2 Station Road, Harpenden, AL5 4SD
Phone: 01582955653
| Price Paid | Date |
|---|---|
| £180,000 | 2 Mar 2015 |
| Freehold |
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 March 2015 the House Price Index for HERTFORDSHIRE was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £180,000 results in an estimated price of approximately £267,296.
| 2 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £180,000 | £87,296 | £267,296 |
The Postcode Pricing Model uses changes in average sales price within the AL5 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 | 50.057 % | £90,102 | £270,102 |
| 3 Month Average | 35.249 % | £63,448 | £243,448 |
| 6 Month Average | 41.658 % | £74,984 | £254,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £235,990 | £230,000 | 6 LEASIDE COURT LOWER LUTON ROAD |
| 4 Apr 2023 | £733,724 | £720,000 | 6 PORTERS HILL |
| 22 Feb 2023 | £317,118 | £315,000 | FLAT 45 BALFOUR COURT STATION ROAD |
| 25 Nov 2022 | £253,813 | £255,000 | FLAT 58 BALFOUR COURT STATION ROAD |
| 11 May 2022 | £349,095 | £340,000 | FLAT 41 BALFOUR COURT STATION ROAD |