£1,447,061
This estimated value is based upon the latest sale price for the house of £1,180,000 on 18 Oct 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Mill Green Lane
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64 Town Centre, Hatfield, AL10 0JJ
Phone: 01707684994
| Price Paid | Date |
|---|---|
| £1,180,000 | 18 Oct 2019 |
| £5,000 | 18 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 225 sq meters or 2,421 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 October 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £1,180,000 results in an estimated price of approximately £1,447,061.
| 18 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £1,180,000 | £267,061 | £1,447,061 |
The Postcode Pricing Model uses changes in average sales price within the AL9 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 | 4.407 % | £52,003 | £1,232,003 |
| 3 Month Average | 26.721 % | £315,309 | £1,495,309 |
| 6 Month Average | 16.828 % | £198,571 | £1,378,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £500,000 | £500,000 | 4 WATERSIDE COTTAGES MILL GREEN |
| 17 Mar 2023 | £423,995 | £420,000 | 20A MOUNT PLEASANT LANE |
| 1 Jul 2022 | £719,938 | £718,000 | 3 MOUNT PLEASANT CLOSE |
| 22 Jun 2022 | £710,034 | £700,000 | 10 SUNNYFIELD |
| 29 Apr 2022 | £617,879 | £600,000 | 11 LOWLANDS |
This house has a floor area of 225 sq meters or 2,421 sq feet when measured on 5 Apr 2019. Using an estimated price of £1,447,061 means this house is valued at £6,431 per sq meter (£597 per sq foot).
The average size of a house on MILL GREEN is 255 sq meters (2,747 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Mill Green Lane | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Green Lane |
| Jan 2024 | Burglary | Under investigation | On or near Mill Green Lane |
| Mar 2024 | Public order | Under investigation | On or near Greenfield |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Greenfield |