£555,018
This estimated value is based upon the latest sale price for the house of £450,000 on 12 Jul 2019. 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 |
|---|---|
| £450,000 | 12 Jul 2019 |
| 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 July 2019 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £450,000 results in an estimated price of approximately £555,018.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £450,000 | £105,018 | £555,018 |
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 | -3.002 % | £-13,510 | £436,489 |
| 3 Month Average | 7.098 % | £31,941 | £481,941 |
| 6 Month Average | -4.013 % | £-18,058 | £431,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2023 | £943,893 | £935,000 | 5 COOPERS MEADOW |
| 17 Mar 2023 | £908,560 | £900,000 | 13 LONG CUTT |
| 28 Feb 2023 | £474,681 | £475,000 | 62 SNATCHUP |
| 31 Aug 2022 | £1,845,034 | £1,850,000 | 48 CROUCH HALL LANE |
| 1 Apr 2022 | £571,539 | £555,000 | 33 LONG CUTT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Long Cutt |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coopers Meadow |
| Feb 2024 | Anti-social behaviour | On or near Ridgedown | |
| Feb 2024 | Anti-social behaviour | On or near Ridgedown | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Ridgedown |