£347,646
This estimated value is based upon the latest sale price for the house of £342,500 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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2 Station Road, Harpenden, AL5 4SD
Phone: 01582955653
| Price Paid | Date |
|---|---|
| £342,500 | 3 Nov 2023 |
| £290,000 | 7 Oct 2014 |
| £250,000 | 17 Jan 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 764 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 2023 the House Price Index for HERTFORDSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £342,500 results in an estimated price of approximately £347,646.
| 3 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £342,500 | £5,146 | £347,646 |
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 | 11.609 % | £39,759 | £382,259 |
| 3 Month Average | -6.703 % | £-22,958 | £319,541 |
| 6 Month Average | -5.750 % | £-19,694 | £322,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £347,647 | £342,500 | FLAT 36 STEPHENS COURT STATION ROAD |
| 11 Aug 2023 | £332,912 | £330,000 | 9 HICKLING WAY |
| 27 Oct 2022 | £366,059 | £370,000 | 5 HICKLING WAY |
| 22 Jul 2022 | £671,808 | £670,000 | 208 STATION ROAD |
| 14 Jul 2022 | £240,648 | £240,000 | FLAT 17 BALFOUR COURT STATION ROAD |
This house has a floor area of 70 sq meters or 764 sq feet when measured on 24 Apr 2009. Using an estimated price of £347,647 means this house is valued at £4,897 per sq meter (£454 per sq foot).
The average size of a house on STATION ROAD is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mallard Mews |
| Apr 2024 | Vehicle crime | Under investigation | On or near Balfour Court |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Balfour Court |
| Mar 2024 | Other theft | Under investigation | On or near Hickling Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |