£4,134,001
This estimated value is based upon the latest sale price for the house of £2,500,000 on 30 Aug 2013. 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 |
|---|---|
| £2,500,000 | 30 Aug 2013 |
| Detached |
| Freehold |
| Floor Area: 517 sq meters or 5,564 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 2013 the House Price Index for HERTFORDSHIRE was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £2,500,000 results in an estimated price of approximately £4,134,001.
| 30 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £2,500,000 | £1,634,001 | £4,134,001 |
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 | 27.293 % | £682,312 | £3,182,312 |
| 3 Month Average | 46.976 % | £1,174,396 | £3,674,396 |
| 6 Month Average | 35.977 % | £899,420 | £3,399,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £327,868 | £325,000 | 64 CHURCH END |
| 18 Jul 2023 | £613,254 | £605,000 | 3 CHEQUER LANE |
| 24 Mar 2023 | £247,330 | £245,000 | FLAT 8 STATHAMS COURT HEMEL HEMPSTEAD ROAD |
| 19 Jan 2023 | £304,068 | £305,500 | 29 HEMEL HEMPSTEAD ROAD |
| 31 Oct 2022 | £369,027 | £373,000 | 93 HEMEL HEMPSTEAD ROAD |
This house has a floor area of 517 sq meters or 5,564 sq feet when measured on 10 Nov 2013. Using an estimated price of £4,134,001 means this house is valued at £7,996 per sq meter (£742 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Punch Bowl Lane |
| Feb 2024 | Theft from the person | Under investigation | On or near Punch Bowl Lane |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beaumont Hall Lane |