£1,460,138
This estimated value is based upon the latest sale price for the house of £467,500 on 31 Jan 2002. 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 |
|---|---|
| £467,500 | 31 Jan 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 201 sq meters or 2,163 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 2002 the House Price Index for HERTFORDSHIRE was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £467,500 results in an estimated price of approximately £1,460,138.
| 31 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 148.6 | 212.329 % | £467,500 | £992,638 | £1,460,138 |
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 | 246.265 % | £1,151,286 | £1,618,786 |
| 3 Month Average | 203.331 % | £950,572 | £1,418,072 |
| 6 Month Average | 198.491 % | £927,944 | £1,395,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £334,274 | £330,000 | 7 AYSGARTH CLOSE |
| 30 Jun 2023 | £331,516 | £327,500 | 23 AYSGARTH CLOSE |
| 17 Mar 2023 | £755,619 | £748,500 | MEADOW ACRE, 7 CRABTREE LANE |
| 20 Jan 2023 | £233,898 | £235,000 | 12 KINGS COURT |
| 10 Jan 2023 | £363,289 | £365,000 | 2 KINGS COURT |
This house has a floor area of 201 sq meters or 2,163 sq feet when measured on 13 Aug 2015. Using an estimated price of £1,460,139 means this house is valued at £7,264 per sq meter (£674 per sq foot).
The average size of a house on SOUTHDOWN ROAD is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Southdown Road | |
| Feb 2024 | Anti-social behaviour | On or near Southdown Road | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Southdown Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kings Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kings Court |