£425,514
This estimated value is based upon the latest sale price for the house of £345,000 on 1 Jul 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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2nd Floor Unicorn, House, Station Close, Potters Bar, EN6 1TL
Phone: 02080339252
| Price Paid | Date |
|---|---|
| £345,000 | 1 Jul 2019 |
| £192,000 | 7 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 527 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 July 2019 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £345,000 results in an estimated price of approximately £425,514.
| 1 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £345,000 | £80,514 | £425,514 |
The Postcode Pricing Model uses changes in average sales price within the EN6 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 | -15.312 % | £-52,826 | £292,173 |
| 3 Month Average | 23.015 % | £79,402 | £424,402 |
| 6 Month Average | 5.023 % | £17,328 | £362,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Sep 2022 | £411,676 | £415,000 | 3 OAKFIELD CLOSE |
| 21 Feb 2022 | £566,295 | £540,000 | 103 CRANBORNE CRESCENT |
| 28 Jan 2022 | £473,584 | £450,000 | 14 PINEWOOD DRIVE |
| 28 Jun 2021 | £386,253 | £360,000 | 24 OAKFIELD CLOSE |
| 24 Jun 2021 | £378,206 | £352,500 | 42 LAUREL FIELDS |
This house has a floor area of 48 sq meters or 527 sq feet when measured on 5 Oct 2011. Using an estimated price of £425,514 means this house is valued at £8,691 per sq meter (£807 per sq foot).
The average size of a house on OAKFIELD CLOSE is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Oakfield Close |
| Feb 2024 | Other theft | Under investigation | On or near Pinewood Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinewood Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Pinewood Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinewood Drive |