£1,131,288
This estimated value is based upon the latest sale price for the house of £599,950 on 23 Dec 2004. 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 |
|---|---|
| £599,950 | 23 Dec 2004 |
| 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 December 2004 the House Price Index for HERTFORDSHIRE was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £599,950 results in an estimated price of approximately £1,131,288.
| 23 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £599,950 | £531,338 | £1,131,288 |
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 | 130.040 % | £780,172 | £1,380,122 |
| 3 Month Average | 118.223 % | £709,276 | £1,309,226 |
| 6 Month Average | 118.195 % | £709,108 | £1,309,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £216,897 | £215,000 | 22 NEW FORGE PLACE |
| 21 Apr 2023 | £197,122 | £195,000 | 19 NEW FORGE PLACE |
| 19 Jan 2023 | £216,978 | £218,000 | 21 NEW FORGE PLACE |
| 6 Apr 2022 | £443,843 | £431,000 | 44 HIGH STREET |
| 28 Sep 2021 | £436,425 | £405,000 | 76 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |