£647,893
This estimated value is based upon the latest sale price for the house of £535,000 on 24 Jun 2020. 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 |
|---|---|
| £535,000 | 24 Jun 2020 |
| £402,000 | 20 Jan 2012 |
| £75,500 | 7 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,013 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 June 2020 the House Price Index for HERTFORDSHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £535,000 results in an estimated price of approximately £647,893.
| 24 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £535,000 | £112,893 | £647,893 |
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 | 70.791 % | £378,730 | £913,730 |
| 3 Month Average | -16.704 % | £-89,363 | £445,636 |
| 6 Month Average | 14.042 % | £75,122 | £610,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £561,818 | £553,500 | 50 LOWER LUTON ROAD |
| 31 Jul 2023 | £892,005 | £880,000 | 53 BATFORD ROAD |
| 7 Jul 2023 | £506,821 | £500,000 | 11 BATFORD ROAD |
| 19 Jun 2023 | £273,311 | £270,000 | 25 LEA SPRINGS, 14 LOWER LUTON ROAD |
| 1 Mar 2023 | £201,902 | £200,000 | 2 LEA SPRINGS, 14 LOWER LUTON ROAD |
This house has a floor area of 94 sq meters or 1,013 sq feet when measured on 2 Aug 2011. Using an estimated price of £647,893 means this house is valued at £6,882 per sq meter (£639 per sq foot).
The average size of a house on LOWER LUTON ROAD is 87 sq meters (943 sq feet).