£1,177,525
This estimated value is based upon the latest sale price for the house of £830,000 on 2 Sep 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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48 High Street, Tring, HP23 5AG
Phone: 01442493008
| Price Paid | Date |
|---|---|
| £830,000 | 2 Sep 2015 |
| Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 2015 the House Price Index for HERTFORDSHIRE was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £830,000 results in an estimated price of approximately £1,177,525.
| 2 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £830,000 | £347,525 | £1,177,525 |
The Postcode Pricing Model uses changes in average sales price within the HP23 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 | 82.406 % | £683,972 | £1,513,972 |
| 3 Month Average | 42.420 % | £352,087 | £1,182,087 |
| 6 Month Average | 20.881 % | £173,311 | £1,003,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £378,310 | £375,000 | 8 MILL GARDENS |
| 30 Jun 2023 | £439,322 | £434,000 | 47 BROOK STREET |
| 15 Jun 2023 | £420,089 | £415,000 | 49 BROOK STREET |
| 9 Sep 2022 | £394,316 | £397,500 | 7 MILL GARDENS |
| 11 Jul 2022 | £423,139 | £422,000 | 50 BROOK STREET |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 4 Jun 2015. Using an estimated price of £1,177,526 means this house is valued at £6,330 per sq meter (£588 per sq foot).
The average size of a house on BROOKFIELD CLOSE is 190 sq meters (2,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Evans Way |