£532,014
This estimated value is based upon the latest sale price for the house of £375,000 on 9 Sep 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 |
|---|---|
| £375,000 | 9 Sep 2015 |
| £250,000 | 18 Jan 2010 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 September 2015 the House Price Index for HERTFORDSHIRE was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £375,000 results in an estimated price of approximately £532,014.
| 9 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £375,000 | £157,014 | £532,014 |
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 | 22.582 % | £84,681 | £459,681 |
| 3 Month Average | 6.832 % | £25,621 | £400,621 |
| 6 Month Average | 18.065 % | £67,742 | £442,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £426,312 | £420,000 | 7 RAVENSCROFT |
| 29 Aug 2023 | £255,843 | £253,605 | 118 GROVE ROAD |
| 16 Aug 2023 | £518,536 | £514,000 | 159 GROVE ROAD |
| 13 Apr 2023 | £839,034 | £830,000 | 36 MEADWAY |
| 10 Feb 2023 | £549,630 | £550,000 | 96 GROVE ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 13 Jul 2012. Using an estimated price of £532,015 means this house is valued at £7,000 per sq meter (£650 per sq foot).
The average size of a house on GROVE ROAD is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Hadleigh Court |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Oakley Road |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Sibley Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sibley Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sibley Avenue |