£1,556,038
This estimated value is based upon the latest sale price for the house of £1,020,000 on 15 Aug 2014. 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 |
|---|---|
| £1,020,000 | 15 Aug 2014 |
| £369,950 | 20 Jun 2001 |
| £169,450 | 26 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 190 sq meters or 2,045 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 August 2014 the House Price Index for HERTFORDSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £1,020,000 results in an estimated price of approximately £1,556,038.
| 15 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £1,020,000 | £536,038 | £1,556,038 |
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 | 44.450 % | £453,391 | £1,473,391 |
| 3 Month Average | 29.370 % | £299,574 | £1,319,574 |
| 6 Month Average | 43.547 % | £444,183 | £1,464,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £1,858,520 | £1,825,000 | 21 WEST WAY |
| 22 Jul 2022 | £707,085 | £700,000 | 37 CROSS WAY |
| 13 May 2022 | £1,873,817 | £1,825,000 | 6 WEST WAY |
| 3 May 2022 | £1,180,761 | £1,150,000 | 48A CROSS WAY |
| 18 Mar 2022 | £908,222 | £870,000 | 32 WEST WAY |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 4 Apr 2014. Using an estimated price of £1,556,038 means this house is valued at £8,189 per sq meter (£760 per sq foot).
The average size of a house on WEST WAY is 162 sq meters (1,743 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Manland Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Manland Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manland Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cross Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Manland Way |