£497,480
This estimated value is based upon the latest sale price for the house of £392,500 on 22 Sep 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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173, High Street, Berkhamsted, HP4 3HB
Phone: 01442493793
| Price Paid | Date |
|---|---|
| £392,500 | 22 Sep 2017 |
| £207,500 | 24 Apr 2015 |
| £190,000 | 24 Aug 2007 |
| £120,000 | 23 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 September 2017 the House Price Index for HERTFORDSHIRE was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £392,500 results in an estimated price of approximately £497,480.
| 22 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £392,500 | £104,980 | £497,480 |
The Postcode Pricing Model uses changes in average sales price within the HP4 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 | -36.325 % | £-142,576 | £249,923 |
| 3 Month Average | -20.437 % | £-80,215 | £312,284 |
| 6 Month Average | 3.149 % | £12,358 | £404,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £403,530 | £400,000 | 224D HIGH STREET |
| 11 Aug 2023 | £479,192 | £475,000 | 242 HIGH STREET |
| 9 Jun 2023 | £787,540 | £778,000 | 22 KINGS ROAD |
| 10 Jan 2023 | £791,273 | £795,000 | 4 ELM GROVE |
| 23 Aug 2022 | £568,470 | £570,000 | 15 BIRCH PLACE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 2 Mar 2017. Using an estimated price of £497,480 means this house is valued at £8,883 per sq meter (£825 per sq foot).
The average size of a house on KINGS ROAD is 161 sq meters (1,739 sq feet).