£469,946
This estimated value is based upon the latest sale price for the house of £301,500 on 11 Jan 2008. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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2nd Floor Unicorn, House, Station Close, Potters Bar, EN6 1TL
Phone: 02080339252
| Price Paid | Date |
|---|---|
| £301,500 | 11 Jan 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2008 the House Price Index for HERTFORDSHIRE was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £301,500 results in an estimated price of approximately £469,946.
| 11 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £301,500 | £168,446 | £469,946 |
The Postcode Pricing Model uses changes in average sales price within the EN6 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 | 67.299 % | £202,907 | £504,407 |
| 3 Month Average | 75.364 % | £227,223 | £528,723 |
| 6 Month Average | 61.388 % | £185,083 | £486,583 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £1,216,371 | £1,200,000 | UNIT 9 SUMMIT CENTRE |
| 16 Sep 2022 | £411,676 | £415,000 | 3 OAKFIELD CLOSE |
| 22 Apr 2022 | £556,092 | £540,000 | 64 CRANBORNE CRESCENT |
| 21 Feb 2022 | £566,295 | £540,000 | 103 CRANBORNE CRESCENT |
| 28 Jun 2021 | £386,253 | £360,000 | 24 OAKFIELD CLOSE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 8 Apr 2014. Using an estimated price of £469,947 means this house is valued at £4,607 per sq meter (£428 per sq foot).
The average size of a house on CRANBORNE CRESCENT is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Oakfield Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranborne Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranborne Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranborne Crescent |
| Feb 2024 | Other theft | Under investigation | On or near Pinewood Drive |