£512,286
This estimated value is based upon the latest sale price for the house of £296,500 on 30 Sep 2011. 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 |
|---|---|
| £296,500 | 30 Sep 2011 |
| Semi-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 2011 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £296,500 results in an estimated price of approximately £512,286.
| 30 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £296,500 | £215,786 | £512,286 |
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 | 42.493 % | £125,991 | £422,491 |
| 3 Month Average | 56.722 % | £168,179 | £464,679 |
| 6 Month Average | 45.549 % | £135,052 | £431,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £706,658 | £700,000 | 12 CUMBERLAND DRIVE |
| 17 Feb 2023 | £546,632 | £547,000 | 35 VER ROAD |
| 16 Feb 2023 | £799,462 | £800,000 | 54 CROWN STREET |
| 14 Oct 2022 | £519,407 | £525,000 | 28 VER ROAD |
| 1 Jul 2022 | £686,849 | £685,000 | 2 CROWN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ver Road |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Ver Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Appletree Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Appletree Grove |
| Feb 2024 | Anti-social behaviour | On or near Crown Court |