£600,785
This estimated value is based upon the latest sale price for the house of £223,000 on 6 Sep 2002. 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 |
|---|---|
| £223,000 | 6 Sep 2002 |
| £148,000 | 28 Feb 2001 |
| £118,000 | 9 Apr 1999 |
| £107,500 | 28 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2002 the House Price Index for HERTFORDSHIRE was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £223,000 results in an estimated price of approximately £600,785.
| 6 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 148.6 | 169.411 % | £223,000 | £377,785 | £600,785 |
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 | 159.703 % | £356,138 | £579,138 |
| 3 Month Average | 143.553 % | £320,123 | £543,123 |
| 6 Month Average | 170.787 % | £380,854 | £603,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £526,735 | £520,000 | 6 REDBOURN LANE |
| 6 Jul 2023 | £1,773,874 | £1,750,000 | 4 FLOWTON GROVE |
| 6 Apr 2023 | £833,980 | £825,000 | 17 MANOR CLOSE |
| 27 Feb 2023 | £2,798,117 | £2,800,000 | 2 REDCOTE END |
| 27 Jan 2023 | £497,656 | £500,000 | 2 HATCHING GREEN COTTAGES HATCHING GREEN |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 18 Mar 2019. Using an estimated price of £600,786 means this house is valued at £8,344 per sq meter (£775 per sq foot).
The average size of a house on HATCHING GREEN is 146 sq meters (1,573 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Hatching Green |
| Mar 2024 | Anti-social behaviour | On or near Hatching Green | |
| Mar 2024 | Anti-social behaviour | On or near Hatching Green | |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Hatching Green |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hatching Green |