£856,457
This estimated value is based upon the latest sale price for the house of £820,000 on 28 Feb 2022. 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 |
|---|---|
| £820,000 | 28 Feb 2022 |
| £600,000 | 31 Jul 2015 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 sq feet |
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 February 2022 the House Price Index for HERTFORDSHIRE was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £820,000 results in an estimated price of approximately £856,457.
| 28 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £820,000 | £36,457 | £856,457 |
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 | -36.221 % | £-297,010 | £522,989 |
| 3 Month Average | -24.712 % | £-202,640 | £617,359 |
| 6 Month Average | -15.005 % | £-123,044 | £696,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £567,283 | £560,000 | 33 TARRANT DRIVE |
| 3 Mar 2023 | £693,750 | £690,000 | 26 BEWDLEY CLOSE |
| 20 Jul 2022 | £661,781 | £660,000 | 5 FOVANT CLOSE |
| 22 Mar 2022 | £753,417 | £730,000 | 45 BROADSTONE ROAD |
| 28 Feb 2022 | £856,457 | £820,000 | 10 MAGNA CLOSE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 28 Apr 2015. Using an estimated price of £856,457 means this house is valued at £6,488 per sq meter (£602 per sq foot).
The average size of a house on MAGNA CLOSE is 150 sq meters (1,622 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Cranbourne Drive | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parva Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coleswood Road |
| Feb 2024 | Anti-social behaviour | On or near Nairn Close | |
| Feb 2024 | Anti-social behaviour | On or near Nairn Close |