£1,014,533
This estimated value is based upon the latest sale price for the house of £770,000 on 22 Nov 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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173, High Street, Berkhamsted, HP4 3HB
Phone: 01442493793
| Price Paid | Date |
|---|---|
| £770,000 | 22 Nov 2016 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 2016 the House Price Index for HERTFORDSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £770,000 results in an estimated price of approximately £1,014,533.
| 22 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £770,000 | £244,533 | £1,014,533 |
The Postcode Pricing Model uses changes in average sales price within the HP4 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 | -25.582 % | £-196,980 | £573,019 |
| 3 Month Average | 2.105 % | £16,206 | £786,206 |
| 6 Month Average | 12.408 % | £95,543 | £865,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £750,634 | £737,500 | 26 TREVELYAN WAY |
| 15 Aug 2023 | £981,083 | £972,500 | 43 BRIDGEWATER ROAD |
| 4 Aug 2023 | £1,220,679 | £1,210,000 | 3 CASTLE HILL CLOSE |
| 30 Mar 2023 | £802,561 | £795,000 | 30 TREVELYAN WAY |
| 1 Mar 2023 | £1,160,938 | £1,150,000 | 5 CASTLE HILL CLOSE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 30 Jan 2017. Using an estimated price of £1,014,533 means this house is valued at £6,718 per sq meter (£624 per sq foot).
The average size of a house on MURRAY ROAD is 214 sq meters (2,312 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Castle Hill Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Castle Hill Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Castle Hill Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Castle Hill Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |