£1,059,266
This estimated value is based upon the latest sale price for the house of £1,050,000 on 31 Aug 2023. 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 |
---|---|
£1,050,000 | 31 Aug 2023 |
£680,000 | 27 Oct 2017 |
£480,000 | 27 Nov 2009 |
£345,000 | 30 Jul 2004 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 August 2023 the House Price Index for HERTFORDSHIRE was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,059,266.
31 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.3 | 148.6 | 0.883 % | £1,050,000 | £9,266 | £1,059,266 |
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 | 6.790 % | £71,289 | £1,121,289 |
3 Month Average | -4.825 % | £-50,666 | £999,333 |
6 Month Average | -5.909 % | £-62,048 | £987,951 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £707,377 | £695,000 | 45 EASTCOTE DRIVE |
14 Sep 2023 | £552,059 | £545,000 | 12 PENDENNIS COURT |
31 Aug 2023 | £1,059,267 | £1,050,000 | 8 ARAN CLOSE |
16 Jun 2023 | £840,177 | £830,000 | 20 NEWTON CLOSE |
13 May 2022 | £751,154 | £737,000 | 32 WELBECK RISE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 21 Jun 2013. Using an estimated price of £1,059,267 means this house is valued at £8,754 per sq meter (£813 per sq foot).
The average size of a house on ARAN CLOSE is 131 sq meters (1,410 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Nairn Close | |
Feb 2024 | Anti-social behaviour | On or near Nairn Close | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Camberley Place |
Feb 2024 | Public order | Under investigation | On or near Eastcote Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pendennis Court |