£407,324
This estimated value is based upon the latest sale price for the house of £285,000 on 4 Sep 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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48 High Street, Redbourn, St. Albans, AL3 7LN
Phone: 01582955109
| Price Paid | Date |
|---|---|
| £285,000 | 4 Sep 2015 |
| £71,000 | 31 Oct 1997 |
| Terraced |
| 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 September 2015 the House Price Index for HERTFORDSHIRE was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £285,000 results in an estimated price of approximately £407,324.
| 4 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £285,000 | £122,324 | £407,324 |
The Postcode Pricing Model uses changes in average sales price within the AL3 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 | -15.312 % | £-43,638 | £241,361 |
| 3 Month Average | 10.971 % | £31,268 | £316,268 |
| 6 Month Average | 31.159 % | £88,802 | £373,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £807,008 | £800,000 | MORTON HOUSE CHAPEL ROAD |
| 31 Aug 2023 | £560,102 | £550,000 | BONNE NUIT COTTAGE CHAPEL ROAD |
| 30 Jun 2023 | £612,270 | £600,000 | 27 COLLEGE CLOSE |
| 23 Jun 2023 | £724,519 | £710,000 | 6 TROWLEY HILL ROAD |
| 17 Feb 2023 | £916,120 | £910,000 | THE FARRIERS RIVER HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Chapel Road | |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Chapel Road |
| Apr 2024 | Anti-social behaviour | On or near Vicarage Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Vicarage Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Vicarage Gardens |