£1,324,322
This estimated value is based upon the latest sale price for the house of £965,000 on 22 Jan 2016. 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 |
---|---|
£965,000 | 22 Jan 2016 |
£545,000 | 21 Jan 2015 |
Detached |
Freehold |
Floor Area: 218 sq meters or 2,346 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 January 2016 the House Price Index for HERTFORDSHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £965,000 results in an estimated price of approximately £1,324,322.
22 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £965,000 | £359,322 | £1,324,322 |
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 | 38.575 % | £372,245 | £1,337,245 |
3 Month Average | 14.894 % | £143,726 | £1,108,726 |
6 Month Average | 8.813 % | £85,047 | £1,050,047 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £812,022 | £800,000 | 61 LEYCROFT WAY |
13 Apr 2023 | £839,034 | £830,000 | 36 MEADWAY |
10 Jan 2023 | £1,343,671 | £1,350,000 | 57 LEYCROFT WAY |
26 Oct 2022 | £766,744 | £775,000 | 21 LEYCROFT WAY |
17 Jun 2022 | £826,683 | £815,000 | 21 PADDOCK WOOD |
This house has a floor area of 218 sq meters or 2,346 sq feet when measured on 26 Sep 2015. Using an estimated price of £1,324,322 means this house is valued at £6,074 per sq meter (£564 per sq foot).
The average size of a house on PADDOCK WOOD is 167 sq meters (1,801 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
Mar 2024 | Anti-social behaviour | On or near Meadway | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadway |