£773,953
This estimated value is based upon the latest sale price for the house of £435,000 on 24 Mar 2006. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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48 High Street, Redbourn, St. Albans, AL3 7LN
Phone: 01582955109
| Price Paid | Date |
|---|---|
| £435,000 | 24 Mar 2006 |
| Detached |
| Freehold |
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 March 2006 the House Price Index for HERTFORDSHIRE was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £435,000 results in an estimated price of approximately £773,953.
| 24 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 149.7 | 77.920 % | £435,000 | £338,953 | £773,953 |
The Postcode Pricing Model uses changes in average sales price within the AL3 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 | 106.128 % | £461,655 | £896,655 |
| 3 Month Average | 107.996 % | £469,782 | £904,782 |
| 6 Month Average | 98.215 % | £427,236 | £862,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £807,008 | £800,000 | MORTON HOUSE CHAPEL ROAD |
| 22 Dec 2023 | £619,021 | £600,000 | 4 HOLLYBUSH LANE |
| 13 Oct 2023 | £409,339 | £400,042 | 18 VICARAGE GARDENS |
| 31 Aug 2023 | £560,102 | £550,000 | BONNE NUIT COTTAGE CHAPEL ROAD |
| 23 Jun 2023 | £724,519 | £710,000 | 6 TROWLEY HILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Chapel Road | |
| Sep 2024 | Other crime | Under investigation | On or near Chapel Road |
| Jul 2024 | Anti-social behaviour | On or near Chapel Road | |
| Jul 2024 | Anti-social behaviour | On or near Chapel Road | |
| Jul 2024 | Anti-social behaviour | On or near Chapel Road |