£846,544
This estimated value is based upon the latest sale price for the house of £530,000 on 3 Jan 2014. 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 |
|---|---|
| £530,000 | 3 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 January 2014 the House Price Index for HERTFORDSHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £530,000 results in an estimated price of approximately £846,544.
| 3 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £530,000 | £316,544 | £846,544 |
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 | 43.795 % | £232,112 | £762,112 |
| 3 Month Average | 33.500 % | £177,548 | £707,548 |
| 6 Month Average | 37.566 % | £199,098 | £729,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £561,818 | £553,500 | 50 LOWER LUTON ROAD |
| 11 Aug 2023 | £497,351 | £493,000 | 45 SALISBURY ROAD |
| 31 Jul 2023 | £892,005 | £880,000 | 53 BATFORD ROAD |
| 21 Apr 2023 | £818,816 | £810,000 | 4 SOUTHVIEW ROAD |
| 3 Apr 2023 | £591,367 | £585,000 | 11 SALISBURY ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 12 Dec 2013. Using an estimated price of £846,544 means this house is valued at £6,090 per sq meter (£565 per sq foot).
The average size of a house on LOWER LUTON ROAD is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mallard Mews |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |