£1,632,705
This estimated value is based upon the latest sale price for the house of £1,540,000 on 25 Jan 2022. 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 |
|---|---|
| £1,540,000 | 25 Jan 2022 |
| £795,000 | 18 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 January 2022 the House Price Index for HERTFORDSHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £1,540,000 results in an estimated price of approximately £1,632,705.
| 25 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £1,540,000 | £92,705 | £1,632,705 |
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 | 34.392 % | £529,643 | £2,069,643 |
| 3 Month Average | -16.835 % | £-259,258 | £1,280,741 |
| 6 Month Average | 3.866 % | £59,530 | £1,599,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £362,500 | £362,500 | 21 GILPIN GREEN |
| 26 Mar 2024 | £350,383 | £345,000 | 7 GILPIN GREEN |
| 19 Dec 2023 | £376,055 | £364,500 | 19 GILPIN GREEN |
| 27 Oct 2023 | £1,212,539 | £1,185,000 | 25 CRABTREE LANE |
| 17 Apr 2023 | £1,717,117 | £1,685,000 | 2 CHAUCER CLOSE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 23 Oct 2014. Using an estimated price of £1,632,705 means this house is valued at £15,117 per sq meter (£1,404 per sq foot).
The average size of a house on GILPIN GREEN is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Aldington Place |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Overstone Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Topstreet Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Furzedown Court |
| May 2024 | Burglary | Unable to prosecute suspect | On or near Furzedown Court |