£636,610
This estimated value is based upon the latest sale price for the house of £515,000 on 3 May 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 |
|---|---|
| £515,000 | 3 May 2019 |
| £345,000 | 31 Jan 2014 |
| £235,000 | 2 Dec 2002 |
| £147,500 | 30 Jul 1999 |
| £126,000 | 23 May 1997 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 May 2019 the House Price Index for HERTFORDSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £515,000 results in an estimated price of approximately £636,610.
| 3 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £515,000 | £121,610 | £636,610 |
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 | 29.448 % | £151,658 | £666,658 |
| 3 Month Average | 12.161 % | £62,629 | £577,629 |
| 6 Month Average | 15.760 % | £81,161 | £596,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £892,005 | £880,000 | 53 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 |
| 13 Jan 2023 | £542,445 | £545,000 | 5 BATFORD ROAD |
| 2 Sep 2022 | £371,996 | £375,000 | 2 THE FIRS |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 4 Jan 2019. Using an estimated price of £636,611 means this house is valued at £4,973 per sq meter (£462 per sq foot).
The average size of a house on LOWER LUTON ROAD is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Common Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tallents Crescent |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tallents Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Tallents Crescent |
| Jan 2024 | Anti-social behaviour | On or near Tallents Crescent |