£3,172,043
This estimated value is based upon the latest sale price for the house of £3,100,000 on 27 Oct 2023. 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 |
|---|---|
| £3,100,000 | 27 Oct 2023 |
| 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 October 2023 the House Price Index for HERTFORDSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £3,100,000 results in an estimated price of approximately £3,172,043.
| 27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £3,100,000 | £72,043 | £3,172,043 |
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 | -1.264 % | £-39,198 | £3,060,801 |
| 3 Month Average | 3.049 % | £94,512 | £3,194,512 |
| 6 Month Average | -3.299 % | £-102,283 | £2,997,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £912,000 | £912,000 | 24 DERWENT ROAD |
| 27 Oct 2023 | £3,172,044 | £3,100,000 | BEACON HOUSE ANNABLES LANE |
| 9 Oct 2023 | £2,097,642 | £2,050,000 | HARKAWAY ANNABLES LANE |
| 22 Feb 2023 | £1,359,079 | £1,350,000 | 66 DERWENT ROAD |
| 12 Aug 2022 | £1,346,295 | £1,340,000 | LADY BRAY FARM KENNEL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Derwent Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Kinsbourne Close |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Greatfield Close |
| Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near Coles Lane |
| Oct 2024 | Anti-social behaviour | On or near The Pleasance |