£736,557
This estimated value is based upon the latest sale price for the house of £425,000 on 15 Jun 2011. 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 |
|---|---|
| £425,000 | 15 Jun 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,503 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 June 2011 the House Price Index for HERTFORDSHIRE was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £425,000 results in an estimated price of approximately £736,557.
| 15 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £425,000 | £311,557 | £736,557 |
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 | 81.078 % | £344,583 | £769,583 |
| 3 Month Average | 38.946 % | £165,518 | £590,518 |
| 6 Month Average | 41.554 % | £176,603 | £601,603 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £598,866 | £590,000 | 7 FIELD CLOSE |
| 17 Nov 2023 | £609,016 | £600,000 | THE STABLES THE GROVE |
| 29 Aug 2023 | £605,295 | £600,000 | 95 GROVE ROAD |
| 9 Aug 2023 | £791,928 | £785,000 | 12 GROVE AVENUE |
| 7 Aug 2023 | £968,473 | £960,000 | 24 FIELD CLOSE |
This house has a floor area of 139 sq meters or 1,503 sq feet when measured on 15 Sep 2010. Using an estimated price of £736,558 means this house is valued at £5,272 per sq meter (£489 per sq foot).
The average size of a house on GROVE ROAD is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Hawthorn Close | |
| Dec 2023 | Anti-social behaviour | On or near Hawthorn Close | |
| Dec 2023 | Anti-social behaviour | On or near Hawthorn Close | |
| Dec 2023 | Anti-social behaviour | On or near Hawthorn Close | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pipers Avenue |