£1,041,815
This estimated value is based upon the latest sale price for the house of £1,032,000 on 16 Mar 2023. 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 |
|---|---|
| £1,032,000 | 16 Mar 2023 |
| 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 March 2023 the House Price Index for HERTFORDSHIRE was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £1,032,000 results in an estimated price of approximately £1,041,815.
| 16 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £1,032,000 | £9,815 | £1,041,815 |
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 | -4.856 % | £-50,115 | £981,884 |
| 3 Month Average | -8.404 % | £-86,724 | £945,275 |
| 6 Month Average | -18.580 % | £-191,743 | £840,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £355,767 | £350,500 | 54 STEPHENS WAY |
| 16 Mar 2023 | £1,041,815 | £1,032,000 | 6 ST MARYS CLOSE |
| 16 Mar 2023 | £1,514,266 | £1,500,000 | 6 LYBURY LANE |
| 7 Mar 2023 | £757,133 | £750,000 | 5 BRACHE CLOSE |
| 27 Feb 2023 | £449,697 | £450,000 | 5 VAUGHAN MEAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Stephens Way |