£579,467
This estimated value is based upon the latest sale price for the house of £490,000 on 30 Sep 2020. 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 |
|---|---|
| £490,000 | 30 Sep 2020 |
| £269,500 | 30 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 September 2020 the House Price Index for HERTFORDSHIRE was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £490,000 results in an estimated price of approximately £579,467.
| 30 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £490,000 | £89,467 | £579,467 |
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 | -66.284 % | £-324,792 | £165,207 |
| 3 Month Average | -19.614 % | £-96,110 | £393,889 |
| 6 Month Average | -8.691 % | £-42,586 | £447,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £524,000 | £524,000 | 34 LAUREL FIELDS |
| 16 Sep 2022 | £410,013 | £415,000 | 3 OAKFIELD CLOSE |
| 21 Feb 2022 | £564,008 | £540,000 | 103 CRANBORNE CRESCENT |
| 28 Jan 2022 | £471,671 | £450,000 | 14 PINEWOOD DRIVE |
| 28 Jun 2021 | £384,693 | £360,000 | 24 OAKFIELD CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 7 Aug 2020. Using an estimated price of £579,468 means this house is valued at £6,230 per sq meter (£578 per sq foot).
The average size of a house on OAKFIELD CLOSE is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pinewood Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pinewood Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pinewood Drive |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Pinewood Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinewood Drive |