£564,006
This estimated value is based upon the latest sale price for the house of £475,000 on 9 Sep 2020. 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 |
|---|---|
| £475,000 | 9 Sep 2020 |
| £335,000 | 4 Jan 2013 |
| £250,000 | 28 Feb 2003 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2020 the House Price Index for HERTFORDSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £475,000 results in an estimated price of approximately £564,006.
| 9 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £475,000 | £89,006 | £564,006 |
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 | -53.692 % | £-255,035 | £219,964 |
| 3 Month Average | -12.182 % | £-57,865 | £417,134 |
| 6 Month Average | -3.610 % | £-17,148 | £457,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £651,397 | £640,000 | 3 BARRONS ROW |
| 17 Nov 2023 | £609,016 | £600,000 | THE STABLES THE GROVE |
| 14 Nov 2023 | £426,312 | £420,000 | 7 RAVENSCROFT |
| 29 Aug 2023 | £605,295 | £600,000 | 95 GROVE ROAD |
| 21 Apr 2023 | £353,810 | £350,000 | 24 OAKLEY ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 14 Mar 2014. Using an estimated price of £564,006 means this house is valued at £4,700 per sq meter (£436 per sq foot).
The average size of a house on OAKLEY ROAD is 84 sq meters (914 sq feet).
This house is the largest in the street with a floor area of 120 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Oakley Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pendennis Court |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hadleigh Court |
| Feb 2024 | Public order | Under investigation | On or near Eastcote Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sibley Avenue |