£1,827,049
This estimated value is based upon the latest sale price for the house of £1,800,000 on 22 Nov 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 |
|---|---|
| £1,800,000 | 22 Nov 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 November 2023 the House Price Index for HERTFORDSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £1,800,000 results in an estimated price of approximately £1,827,049.
| 22 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £1,800,000 | £27,049 | £1,827,049 |
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 | 38.581 % | £694,452 | £2,494,452 |
| 3 Month Average | -0.767 % | £-13,806 | £1,786,193 |
| 6 Month Average | -3.599 % | £-64,780 | £1,735,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £1,827,049 | £1,800,000 | 61 MEADWAY |
| 18 Aug 2023 | £1,185,370 | £1,175,000 | 16 ALDWICK ROAD |
| 11 Nov 2022 | £1,976,064 | £2,000,000 | 80 MEADWAY |
| 26 Oct 2022 | £766,744 | £775,000 | 21 LEYCROFT WAY |
| 20 Apr 2022 | £1,802,148 | £1,750,000 | 77 MEADWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadway |
| Mar 2024 | Anti-social behaviour | On or near Meadway | |
| Mar 2024 | Anti-social behaviour | On or near Meadway | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadway |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadway |