£1,845,822
This estimated value is based upon the latest sale price for the house of £1,500,000 on 6 Jun 2018. 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 |
---|---|
£1,500,000 | 6 Jun 2018 |
Detached |
Freehold |
Floor Area: 250 sq meters or 2,690 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 2018 the House Price Index for HERTFORDSHIRE was 119.5.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 23.055%.Applying this 23.055% change to the original purchase price of £1,500,000 results in an estimated price of approximately £1,845,822.
6 Jun 2018 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 147.0 | 23.055 % | £1,500,000 | £345,822 | £1,845,822 |
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 | 9.531 % | £142,964 | £1,642,964 |
3 Month Average | -5.394 % | £-80,904 | £1,419,095 |
6 Month Average | 6.881 % | £103,209 | £1,603,209 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £2,234,797 | £2,250,000 | 4 DELLCROFT WAY |
1 Jun 2023 | £1,671,589 | £1,675,000 | 17 THE WARREN |
24 Feb 2023 | £1,734,758 | £1,756,000 | 5 THE WARREN |
16 Feb 2023 | £3,260,080 | £3,300,000 | 6 WEST COMMON WAY |
2 Feb 2023 | £3,161,290 | £3,200,000 | 21 WEST COMMON WAY |
This house has a floor area of 250 sq meters or 2,690 sq feet when measured on 5 Jan 2018. Using an estimated price of £1,845,823 means this house is valued at £7,383 per sq meter (£685 per sq foot).
The average size of a house on THE WARREN is 308 sq meters (3,319 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near West Common Way |
Oct 2023 | Violence and sexual offences | Under investigation | On or near West Common Close |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Garden Close |
Nov 2023 | Anti-social behaviour | On or near Garden Close | |
Nov 2023 | Anti-social behaviour | On or near Garden Close |