£389,942
This estimated value is based upon the latest sale price for the house of £225,000 on 6 Jun 2011. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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48 High Street, Redbourn, St. Albans, AL3 7LN
Phone: 01582955109
| Price Paid | Date |
|---|---|
| £225,000 | 6 Jun 2011 |
| Terraced |
| 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 June 2011 the House Price Index for HERTFORDSHIRE was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £225,000 results in an estimated price of approximately £389,942.
| 6 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £225,000 | £164,942 | £389,942 |
The Postcode Pricing Model uses changes in average sales price within the AL3 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 | 43.288 % | £97,398 | £322,398 |
| 3 Month Average | 70.320 % | £158,219 | £383,219 |
| 6 Month Average | 48.443 % | £108,996 | £333,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £490,947 | £485,000 | 86 DOWN EDGE |
| 22 Jul 2022 | £451,215 | £450,000 | 14 DOWN EDGE |
| 1 Apr 2022 | £463,410 | £450,000 | 36 STEPHENS WAY |
| 31 Mar 2022 | £440,411 | £425,000 | 82 DOWN EDGE |
| 1 Mar 2022 | £632,120 | £610,000 | 44 LYBURY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Down Edge |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stephens Way |
| Jan 2024 | Anti-social behaviour | On or near Stephens Way | |
| Jan 2024 | Anti-social behaviour | On or near Stephens Way | |
| Jan 2024 | Anti-social behaviour | On or near Stephens Way |