£250,540
This estimated value is based upon the latest sale price for the house of £232,500 on 23 Sep 2021. 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 |
|---|---|
| £232,500 | 23 Sep 2021 |
| £215,000 | 31 Jan 2018 |
| Flats/Maisonettes |
| Leasehold |
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 2021 the House Price Index for HERTFORDSHIRE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £232,500 results in an estimated price of approximately £250,540.
| 23 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £232,500 | £18,040 | £250,540 |
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 | 10.926 % | £25,404 | £257,904 |
| 3 Month Average | 4.869 % | £11,320 | £243,820 |
| 6 Month Average | 5.001 % | £11,626 | £244,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2022 | £473,725 | £475,000 | 111 LYBURY LANE |
| 26 Apr 2022 | £867,091 | £842,000 | 9 PEPPARD CLOSE |
| 23 Mar 2022 | £251,812 | £243,000 | FLAT 5 REDBOURN HOUSE, 16 MEADOW VIEW |
| 23 Sep 2021 | £250,540 | £232,500 | FLAT 4 REDBOURN HOUSE, 16 MEADOW VIEW |
| 18 Nov 2020 | £1,060,809 | £915,000 | 69 CROUCH HALL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Woodland Place |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodland Place |
| Feb 2024 | Anti-social behaviour | On or near Lynsey Close | |
| Feb 2024 | Anti-social behaviour | On or near Lynsey Close | |
| Feb 2024 | Anti-social behaviour | On or near Lynsey Close |