£888,403
This estimated value is based upon the latest sale price for the house of £880,000 on 31 Jul 2023. 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 |
|---|---|
| £880,000 | 31 Jul 2023 |
| £735,000 | 12 Feb 2016 |
| £485,000 | 5 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 July 2023 the House Price Index for HERTFORDSHIRE was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £880,000 results in an estimated price of approximately £888,403.
| 31 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £880,000 | £8,403 | £888,403 |
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 | -47.101 % | £-414,492 | £465,507 |
| 3 Month Average | -23.499 % | £-206,794 | £673,205 |
| 6 Month Average | -16.023 % | £-141,004 | £738,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £448,485 | £440,000 | 26 BATFORD ROAD |
| 21 Nov 2023 | £560,698 | £553,500 | 50 LOWER LUTON ROAD |
| 31 Jul 2023 | £888,404 | £880,000 | 53 BATFORD ROAD |
| 7 Jul 2023 | £504,775 | £500,000 | 11 BATFORD ROAD |
| 19 Jun 2023 | £272,207 | £270,000 | 25 LEA SPRINGS, 14 LOWER LUTON ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 14 Feb 2014. Using an estimated price of £888,404 means this house is valued at £8,884 per sq meter (£825 per sq foot).
The average size of a house on BATFORD ROAD is 98 sq meters (1,056 sq feet).