£613,482
This estimated value is based upon the latest sale price for the house of £500,000 on 29 Sep 2019. 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 |
|---|---|
| £500,000 | 29 Sep 2019 |
| 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 2019 the House Price Index for HERTFORDSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £500,000 results in an estimated price of approximately £613,482.
| 29 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £500,000 | £113,482 | £613,482 |
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 | 8.928 % | £44,640 | £544,640 |
| 3 Month Average | -7.581 % | £-37,902 | £462,097 |
| 6 Month Average | -0.472 % | £-2,358 | £497,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £1,348,596 | £1,325,000 | 1 HIGH STREET |
| 23 Aug 2023 | £337,957 | £335,000 | FLAT 4 BALFOUR COURT STATION ROAD |
| 3 Apr 2023 | £1,213,061 | £1,200,000 | 10 STATION ROAD |
| 30 Mar 2023 | £1,320,440 | £1,308,000 | SIGNATURE HOUSE, 23 VAUGHAN ROAD |
| 21 Oct 2022 | £56,096 | £56,700 | 8 ARDEN GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Mar 2024 | Anti-social behaviour | On or near Victoria Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vaughan Road |
| Mar 2024 | Public order | Under investigation | On or near Vaughan Road |