£6,717,567
This estimated value is based upon the latest sale price for the house of £5,300,000 on 15 Sep 2017. 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 |
---|---|
£5,300,000 | 15 Sep 2017 |
Detached |
Freehold |
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 £5,300,000 results in an estimated price of approximately £6,717,567.
15 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £5,300,000 | £1,417,567 | £6,717,567 |
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 % | £427,511 | £5,727,511 |
3 Month Average | 1.530 % | £81,071 | £5,381,071 |
6 Month Average | 12.652 % | £670,563 | £5,970,563 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £526,735 | £520,000 | 6 REDBOURN LANE |
6 Jul 2023 | £1,773,874 | £1,750,000 | 4 FLOWTON GROVE |
6 Apr 2023 | £833,980 | £825,000 | 17 MANOR CLOSE |
27 Feb 2023 | £2,798,117 | £2,800,000 | 2 REDCOTE END |
27 Jan 2023 | £497,656 | £500,000 | 2 HATCHING GREEN COTTAGES HATCHING GREEN |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near St Albans Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near St Albans Road |
Mar 2024 | Anti-social behaviour | On or near Hatching Green | |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hatching Green |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Hatching Green |