£1,108,020
This estimated value is based upon the latest sale price for the house of £845,000 on 2 Dec 2016. 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 |
|---|---|
| £845,000 | 2 Dec 2016 |
| £650,000 | 3 Oct 2013 |
| £274,000 | 6 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 December 2016 the House Price Index for HERTFORDSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £845,000 results in an estimated price of approximately £1,108,020.
| 2 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £845,000 | £263,020 | £1,108,020 |
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 | 100.569 % | £849,804 | £1,694,804 |
| 3 Month Average | 16.713 % | £141,227 | £986,227 |
| 6 Month Average | 15.445 % | £130,509 | £975,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £370,991 | £364,500 | 19 GILPIN GREEN |
| 5 Dec 2023 | £422,390 | £415,000 | 94 OVERSTONE ROAD |
| 8 Jul 2022 | £681,835 | £680,000 | 50 CHESTERTON AVENUE |
| 29 Jun 2022 | £1,176,628 | £1,160,000 | 99 OVERSTONE ROAD |
| 31 Mar 2022 | £650,773 | £628,000 | 58 CHESTERTON AVENUE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 25 Feb 2016. Using an estimated price of £1,108,020 means this house is valued at £8,330 per sq meter (£773 per sq foot).
The average size of a house on CRABTREE LANE is 154 sq meters (1,661 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gilpin Green |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Crabtree Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crabtree Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Overstone Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Overstone Road |