£1,090,593
This estimated value is based upon the latest sale price for the house of £885,000 on 19 Oct 2018. 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 |
|---|---|
| £885,000 | 19 Oct 2018 |
| £350,000 | 7 Aug 2006 |
| Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 October 2018 the House Price Index for HERTFORDSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £885,000 results in an estimated price of approximately £1,090,593.
| 19 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £885,000 | £205,593 | £1,090,593 |
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 | 37.448 % | £331,416 | £1,216,416 |
| 3 Month Average | -5.820 % | £-51,503 | £833,496 |
| 6 Month Average | 0.881 % | £7,799 | £892,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £856,528 | £845,000 | 43 SIBLEY AVENUE |
| 13 Apr 2023 | £839,034 | £830,000 | 36 MEADWAY |
| 17 Jun 2022 | £826,683 | £815,000 | 21 PADDOCK WOOD |
| 9 May 2022 | £764,403 | £750,000 | 2 MEADWAY |
| 4 May 2022 | £884,160 | £867,500 | 39 MEADWAY |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 7 Nov 2017. Using an estimated price of £1,090,594 means this house is valued at £6,569 per sq meter (£610 per sq foot).
The average size of a house on MEADWAY is 158 sq meters (1,709 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sibley Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sibley Avenue |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Sibley Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Grove Avenue |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Grove Avenue |