£742,247
This estimated value is based upon the latest sale price for the house of £533,000 on 5 Nov 2015. 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 |
|---|---|
| £533,000 | 5 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 November 2015 the House Price Index for HERTFORDSHIRE was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £533,000 results in an estimated price of approximately £742,247.
| 5 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £533,000 | £209,247 | £742,247 |
The Postcode Pricing Model uses changes in average sales price within the AL3 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 | 46.341 % | £246,995 | £779,995 |
| 3 Month Average | 41.729 % | £222,413 | £755,413 |
| 6 Month Average | 21.982 % | £117,163 | £650,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £613,254 | £605,000 | 3 CHEQUER LANE |
| 16 Mar 2023 | £900,988 | £892,500 | 102 THE PARK |
| 19 Jan 2023 | £304,068 | £305,500 | 29 HEMEL HEMPSTEAD ROAD |
| 10 Nov 2022 | £847,731 | £858,000 | 1 - 2 WESTWICK HALL FARM COTTAGES |
| 5 Apr 2022 | £1,276,951 | £1,240,000 | PUNCH BOWL HOUSE REDBOURN ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 14 Apr 2015. Using an estimated price of £742,248 means this house is valued at £6,747 per sq meter (£626 per sq foot).
The average size of a house on HOG END LANE is 161 sq meters (1,732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Possession of weapons | Under investigation | On or near Hogg End Lane |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Punch Bowl Lane |
| Feb 2024 | Theft from the person | Under investigation | On or near Punch Bowl Lane |
| Feb 2024 | Theft from the person | Under investigation | On or near Punch Bowl Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Punch Bowl Lane |