£1,142,312
This estimated value is based upon the latest sale price for the house of £915,000 on 6 Jul 2018. 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 |
---|---|
£915,000 | 6 Jul 2018 |
£352,950 | 17 Dec 1999 |
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 July 2018 the House Price Index for HERTFORDSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £915,000 results in an estimated price of approximately £1,142,312.
6 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £915,000 | £227,312 | £1,142,312 |
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 | -16.550 % | £-151,435 | £763,564 |
3 Month Average | 12.134 % | £111,025 | £1,026,025 |
6 Month Average | 15.781 % | £144,400 | £1,059,400 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £888,653 | £875,000 | 20 SILK MILL ROAD |
26 Oct 2023 | £1,279,050 | £1,250,000 | 34 BROOKE END |
6 Apr 2023 | £519,721 | £510,000 | 30 SILK MILL ROAD |
13 Dec 2021 | £1,672,927 | £1,550,000 | DORMERS CHEQUER LANE |
24 Jun 2021 | £1,026,823 | £950,000 | 23 SILK MILL ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Chequer Lane | |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chequer Lane |
Jun 2024 | Anti-social behaviour | On or near Chequer Lane | |
Jun 2024 | Anti-social behaviour | On or near Chequer Lane | |
Jun 2024 | Anti-social behaviour | On or near Chequer Lane |