£1,211,597
This estimated value is based upon the latest sale price for the house of £812,500 on 5 Nov 2014. 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 The Reddings
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7 Shenley Road, Borehamwood, WD6 1AA
Phone: 02036416098
| Price Paid | Date |
|---|---|
| £812,500 | 5 Nov 2014 |
| Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 November 2014 the House Price Index for HERTFORDSHIRE was 99.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.120%.Applying this 49.120% change to the original purchase price of £812,500 results in an estimated price of approximately £1,211,597.
| 5 Nov 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.0 | 49.120 % | £812,500 | £399,097 | £1,211,597 |
The Postcode Pricing Model uses changes in average sales price within the WD6 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 | -16.273 % | £-132,219 | £680,280 |
| 3 Month Average | 12.044 % | £97,859 | £910,359 |
| 6 Month Average | 30.823 % | £250,437 | £1,062,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £509,642 | £500,000 | 15 HOLME PARK |
| 31 Aug 2022 | £342,685 | £345,000 | 4 THE REDDINGS |
| 10 Jan 2022 | £995,698 | £949,950 | 89A THEOBALD STREET |
| 3 Dec 2021 | £864,311 | £810,000 | 78 THEOBALD STREET |
| 24 Sep 2021 | £381,001 | £355,000 | 14 THE REDDINGS |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 20 Oct 2014. Using an estimated price of £1,211,598 means this house is valued at £6,479 per sq meter (£601 per sq foot).
The average size of a house on RED ROAD is 155 sq meters (1,677 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near The Reddings |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Red Road |
| Feb 2024 | Anti-social behaviour | On or near Holme Park | |
| Feb 2024 | Anti-social behaviour | On or near Holme Park | |
| Feb 2024 | Anti-social behaviour | On or near Holme Park |