£1,261,917
This estimated value is based upon the latest sale price for the house of £385,000 on 6 Sep 2001. 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 |
|---|---|
| £385,000 | 6 Sep 2001 |
| £250,000 | 7 Aug 2000 |
| £250,000 | 1 Jun 1999 |
| £225,000 | 1 Nov 1995 |
| Detached |
| Freehold |
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 2001 the House Price Index for HERTFORDSHIRE was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £385,000 results in an estimated price of approximately £1,261,917.
| 6 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £385,000 | £876,917 | £1,261,917 |
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 | 185.978 % | £716,013 | £1,101,013 |
| 3 Month Average | 171.660 % | £660,891 | £1,045,891 |
| 6 Month Average | 176.280 % | £678,679 | £1,063,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £559,795 | £550,000 | 13 BEN AUSTINS |
| 24 Mar 2023 | £247,330 | £245,000 | FLAT 8 STATHAMS COURT HEMEL HEMPSTEAD ROAD |
| 20 Mar 2023 | £696,563 | £690,000 | 12 BEN AUSTINS |
| 31 Oct 2022 | £369,027 | £373,000 | 93 HEMEL HEMPSTEAD ROAD |
| 13 Sep 2022 | £1,735,981 | £1,750,000 | 2 CHURCH END |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aubrey Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aubrey Lane |
| Apr 2024 | Possession of weapons | Under investigation | On or near B487 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B487 |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Stathams Court |