£1,481,838
This estimated value is based upon the latest sale price for the house of £1,200,000 on 5 Sep 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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124 High Street, Berkhamsted, HP4 3AT
Phone: 01442493811
| Price Paid | Date |
|---|---|
| £1,200,000 | 5 Sep 2018 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 September 2018 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,481,838.
| 5 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £1,200,000 | £281,838 | £1,481,838 |
The Postcode Pricing Model uses changes in average sales price within the HP4 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 | 619.729 % | £7,436,750 | £8,636,750 |
| 3 Month Average | -8.322 % | £-99,859 | £1,100,140 |
| 6 Month Average | 8.290 % | £99,474 | £1,299,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £1,104,322 | £1,085,000 | 25 CASTLE HILL AVENUE |
| 8 Dec 2023 | £1,832,055 | £1,800,000 | 34 CASTLE HILL AVENUE |
| 7 Jul 2023 | £390,252 | £385,000 | 3 GREENES COURT |
| 14 Jun 2023 | £1,594,312 | £1,575,000 | 6 BROWNLOW ROAD |
| 4 Apr 2023 | £2,122,857 | £2,100,000 | 9 CASTLE HILL |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 16 May 2018. Using an estimated price of £1,481,839 means this house is valued at £10,012 per sq meter (£930 per sq foot).
The average size of a house on CASTLE HILL is 210 sq meters (2,265 sq feet).