£523,238
This estimated value is based upon the latest sale price for the house of £349,500 on 2 Oct 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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2nd Floor Unicorn, House, Station Close, Potters Bar, EN6 1TL
Phone: 02080339252
Price Paid | Date |
---|---|
£349,500 | 2 Oct 2014 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 October 2014 the House Price Index for HERTFORDSHIRE was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £349,500 results in an estimated price of approximately £523,238.
2 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £349,500 | £173,738 | £523,238 |
The Postcode Pricing Model uses changes in average sales price within the EN6 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 | 10.430 % | £36,453 | £385,953 |
3 Month Average | 14.214 % | £49,678 | £399,178 |
6 Month Average | 24.603 % | £85,986 | £435,486 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £490,258 | £483,000 | 51 LAUREL AVENUE |
14 Feb 2023 | £495,666 | £496,000 | 15 LAUREL AVENUE |
25 Jun 2021 | £482,816 | £450,000 | 22 CLIVE CLOSE |
4 Mar 2021 | £545,423 | £490,000 | 46 CLIVE CLOSE |
30 Nov 2020 | £498,522 | £430,000 | 50 LAUREL AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 11 Jun 2014. Using an estimated price of £523,239 means this house is valued at £5,626 per sq meter (£522 per sq foot).
The average size of a house on CLIVE CLOSE is 92 sq meters (994 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Under investigation | On or near Parking Area |
Jan 2024 | Vehicle crime | Under investigation | On or near Parking Area |