£550,369
This estimated value is based upon the latest sale price for the house of £438,000 on 9 May 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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2 Station Road, Harpenden, AL5 4SD
Phone: 01582955653
| Price Paid | Date |
|---|---|
| £438,000 | 9 May 2018 |
| £172,500 | 29 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 May 2018 the House Price Index for HERTFORDSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £438,000 results in an estimated price of approximately £550,369.
| 9 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £438,000 | £112,369 | £550,369 |
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 | 14.512 % | £63,561 | £501,561 |
| 3 Month Average | 8.959 % | £39,240 | £477,240 |
| 6 Month Average | 12.995 % | £56,918 | £494,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £228,295 | £222,500 | 1 LEASIDE COURT LOWER LUTON ROAD |
| 3 Nov 2023 | £235,990 | £230,000 | 6 LEASIDE COURT LOWER LUTON ROAD |
| 3 Aug 2023 | £208,765 | £205,000 | 10 LEASIDE COURT LOWER LUTON ROAD |
| 4 Apr 2023 | £733,724 | £720,000 | 6 PORTERS HILL |
| 17 Dec 2021 | £361,568 | £335,000 | 45 MILLSTONE WAY |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 31 Aug 2017. Using an estimated price of £550,370 means this house is valued at £9,172 per sq meter (£852 per sq foot).
The average size of a house on LOWER LUTON ROAD is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hill Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hill Close |
| Apr 2024 | Anti-social behaviour | On or near Hill Close |