£784,097
This estimated value is based upon the latest sale price for the house of £725,000 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Oakmere Lane
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149 High Street, Potters Bar, EN6 5BB
Phone: 01707800394
Price Paid | Date |
---|---|
£725,000 | 5 Nov 2021 |
Detached |
Freehold |
Floor Area: 110 sq meters or 1,184 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 November 2021 the House Price Index for HERTFORDSHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £725,000 results in an estimated price of approximately £784,097.
5 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.6 | 8.151 % | £725,000 | £59,097 | £784,097 |
The Postcode Pricing Model uses changes in average sales price within the EN6 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 | 3.474 % | £25,185 | £750,185 |
3 Month Average | -8.019 % | £-58,135 | £666,864 |
6 Month Average | -10.162 % | £-73,674 | £651,325 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2023 | £1,211,413 | £1,200,000 | 33 OAKMERE LANE |
15 Nov 2022 | £709,407 | £718,000 | 44 COTTON ROAD |
5 Aug 2022 | £620,829 | £622,500 | 32 COTTON ROAD |
21 Mar 2022 | £321,241 | £310,000 | 14 OAKMERE LANE |
5 Nov 2021 | £784,098 | £725,000 | 30A OAKMERE LANE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 23 Jul 2021. Using an estimated price of £784,098 means this house is valued at £7,128 per sq meter (£662 per sq foot).
The average size of a house on OAKMERE LANE is 112 sq meters (1,208 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Oakmere Lane |
Feb 2024 | Other theft | Under investigation | On or near Oakmere Lane |
Feb 2024 | Anti-social behaviour | On or near Oakmere Lane | |
Feb 2024 | Anti-social behaviour | On or near Oakmere Lane | |
Feb 2024 | Other theft | Under investigation | On or near Oakmere Lane |