£1,043,865
This estimated value is based upon the latest sale price for the house of £216,500 on 16 Jan 1998. 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 |
|---|---|
| £216,500 | 16 Jan 1998 |
| 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 January 1998 the House Price Index for HERTFORDSHIRE was 30.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 382.155%.Applying this 382.155% change to the original purchase price of £216,500 results in an estimated price of approximately £1,043,865.
| 16 Jan 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.8 | 148.6 | 382.155 % | £216,500 | £827,365 | £1,043,865 |
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 | 316.135 % | £684,432 | £900,932 |
| 3 Month Average | 339.820 % | £735,711 | £952,211 |
| 6 Month Average | 352.008 % | £762,097 | £978,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £613,254 | £605,000 | 3 CHEQUER LANE |
| 6 Apr 2023 | £515,551 | £510,000 | 30 SILK MILL ROAD |
| 13 Dec 2021 | £1,660,635 | £1,550,000 | DORMERS CHEQUER LANE |
| 29 Jun 2021 | £783,235 | £730,000 | 10 BROOKE END |
| 24 Jun 2021 | £1,019,278 | £950,000 | 23 SILK MILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brooke End |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Silk Mill Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Chequer Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Common |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Park |