£1,677,243
This estimated value is based upon the latest sale price for the house of £1,045,000 on 13 Dec 2013. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Hammond End Lane
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10 High Street, Harpenden, AL5 2TB
Phone: 01582936928
| Price Paid | Date |
|---|---|
| £1,045,000 | 13 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 198 sq meters or 2,131 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 December 2013 the House Price Index for HERTFORDSHIRE was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £1,045,000 results in an estimated price of approximately £1,677,243.
| 13 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £1,045,000 | £632,243 | £1,677,243 |
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 | 43.915 % | £458,908 | £1,503,908 |
| 3 Month Average | 34.989 % | £365,631 | £1,410,631 |
| 6 Month Average | 37.350 % | £390,309 | £1,435,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Feb 2023 | £2,038,628 | £2,040,000 | 1 OAKVIEW CLOSE |
| 27 Jan 2023 | £2,836,638 | £2,850,000 | 9 FAIRWAY CLOSE |
| 21 Jun 2022 | £2,231,536 | £2,200,000 | 40 OAKFIELD ROAD |
| 28 Feb 2022 | £2,055,441 | £1,960,000 | 8 HAMMONDS HILL |
| 13 Jan 2022 | £1,815,404 | £1,725,000 | 3 FAIRWAY CLOSE |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 13 May 2013. Using an estimated price of £1,677,243 means this house is valued at £8,470 per sq meter (£786 per sq foot).
The average size of a house on REDBOURN LANE is 329 sq meters (3,542 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hammond End Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Broad Oaks Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Hammonds |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Hammonds |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Hammonds |