£1,381,537
This estimated value is based upon the latest sale price for the house of £1,090,000 on 12 Sep 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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82C High Street, Harpenden, AL5 2SP
Phone: 01582955039
Price Paid | Date |
---|---|
£1,090,000 | 12 Sep 2017 |
Detached |
Freehold |
Floor Area: 176 sq meters or 1,894 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 2017 the House Price Index for HERTFORDSHIRE was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £1,090,000 results in an estimated price of approximately £1,381,537.
12 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £1,090,000 | £291,537 | £1,381,537 |
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 | 8.066 % | £87,922 | £1,177,922 |
3 Month Average | 1.530 % | £16,673 | £1,106,673 |
6 Month Average | 12.652 % | £137,908 | £1,227,908 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £687,021 | £675,000 | 8 RIDGE AVENUE |
8 Sep 2023 | £607,771 | £600,000 | 6 WELLS CLOSE |
30 Jun 2023 | £617,480 | £610,000 | 16 WELLS CLOSE |
5 Apr 2023 | £884,524 | £875,000 | 327 LUTON ROAD |
31 Jan 2023 | £776,343 | £780,000 | 7 PENSHURST CLOSE |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 13 Jan 2016. Using an estimated price of £1,381,537 means this house is valued at £7,849 per sq meter (£729 per sq foot).
The average size of a house on RIDGE AVENUE is 142 sq meters (1,529 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Under investigation | On or near Molescroft |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Molescroft |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Molescroft |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Molescroft |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Molescroft |