£2,372,195
This estimated value is based upon the latest sale price for the house of £1,925,000 on 25 Oct 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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10 High Street, Harpenden, AL5 2TB
Phone: 01582936928
| Price Paid | Date |
|---|---|
| £1,925,000 | 25 Oct 2018 |
| £1,870,000 | 27 May 2011 |
| Detached |
| Freehold |
| Floor Area: 390 sq meters or 4,197 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 October 2018 the House Price Index for HERTFORDSHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £1,925,000 results in an estimated price of approximately £2,372,195.
| 25 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £1,925,000 | £447,195 | £2,372,195 |
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 | 10.697 % | £205,910 | £2,130,910 |
| 3 Month Average | -11.454 % | £-220,480 | £1,704,519 |
| 6 Month Average | -1.370 % | £-26,374 | £1,898,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £2,269,857 | £2,250,000 | 4 DELLCROFT WAY |
| 6 Apr 2023 | £833,980 | £825,000 | 17 MANOR CLOSE |
| 13 May 2022 | £794,979 | £780,000 | 16 MANOR CLOSE |
| 18 Feb 2022 | £1,140,455 | £1,087,500 | 8 GEESCROFT WALK |
| 13 Jan 2022 | £1,815,404 | £1,725,000 | 3 FAIRWAY CLOSE |
This house has a floor area of 390 sq meters or 4,197 sq feet when measured on 3 Apr 2017. Using an estimated price of £2,372,196 means this house is valued at £6,082 per sq meter (£565 per sq foot).
The average size of a house on REDBOURN LANE is 329 sq meters (3,542 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Broad Oaks Close |
| Mar 2024 | Anti-social behaviour | On or near Hatching Green | |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Hatching Green |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hatching Green |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Albans Road |