£1,891,952
This estimated value is based upon the latest sale price for the house of £1,120,000 on 8 Jun 2012. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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10 High Street, Harpenden, AL5 2TB
Phone: 01582936928
| Price Paid | Date |
|---|---|
| £1,120,000 | 8 Jun 2012 |
| Detached |
| Freehold |
| Floor Area: 223 sq meters or 2,408 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 June 2012 the House Price Index for HERTFORDSHIRE was 87.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.924%.Applying this 68.924% change to the original purchase price of £1,120,000 results in an estimated price of approximately £1,891,952.
| 8 Jun 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.0 | 68.924 % | £1,120,000 | £771,952 | £1,891,952 |
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 | 28.865 % | £323,284 | £1,443,284 |
| 3 Month Average | 19.532 % | £218,762 | £1,338,762 |
| 6 Month Average | 35.804 % | £401,008 | £1,521,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £1,671,458 | £1,650,000 | 3 WHEATFIELD AVENUE |
| 26 Jul 2023 | £1,317,967 | £1,305,500 | 10 HAMMONDSWICK |
| 2 Feb 2023 | £2,985,878 | £3,000,000 | 9 OAK WAY |
| 11 Jul 2022 | £1,949,366 | £1,952,000 | 29 PROSPECT LANE |
| 21 Jun 2022 | £2,222,526 | £2,200,000 | 40 OAKFIELD ROAD |
This house has a floor area of 223 sq meters or 2,408 sq feet when measured on 18 Jan 2011. Using an estimated price of £1,891,952 means this house is valued at £8,455 per sq meter (£785 per sq foot).
The average size of a house on PROSPECT LANE is 380 sq meters (4,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Hammonds |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Hammonds |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Hammonds |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Beesonend Lane |
| Feb 2024 | Anti-social behaviour | On or near Burywick |