£740,285
This estimated value is based upon the latest sale price for the house of £322,000 on 5 Sep 2003. 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 |
|---|---|
| £322,000 | 5 Sep 2003 |
| £193,000 | 4 Dec 1998 |
| 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 September 2003 the House Price Index for HERTFORDSHIRE was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £322,000 results in an estimated price of approximately £740,285.
| 5 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 149.7 | 129.902 % | £322,000 | £418,285 | £740,285 |
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 | 74.305 % | £239,262 | £561,262 |
| 3 Month Average | 114.176 % | £367,647 | £689,647 |
| 6 Month Average | 135.022 % | £434,772 | £756,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2023 | £950,880 | £935,000 | 5 COOPERS MEADOW |
| 31 Aug 2022 | £1,858,691 | £1,850,000 | 48 CROUCH HALL LANE |
| 1 Apr 2022 | £575,769 | £555,000 | 33 LONG CUTT |
| 25 Nov 2021 | £452,151 | £415,000 | 32 LONG CUTT |
| 20 Sep 2021 | £873,883 | £805,000 | 9 LONG CUTT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Crouch Hall Lane | |
| May 2024 | Anti-social behaviour | On or near Crouch Hall Lane | |
| May 2024 | Anti-social behaviour | On or near Crouch Hall Lane | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Long Cutt |
| May 2024 | Vehicle crime | Under investigation | On or near Blackhorse Lane |