£1,817,366
This estimated value is based upon the latest sale price for the house of £1,205,000 on 31 Oct 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 |
|---|---|
| £1,205,000 | 31 Oct 2014 |
| £875,000 | 16 Mar 2007 |
| Detached |
| Freehold |
| Floor Area: 231 sq meters or 2,486 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 October 2014 the House Price Index for HERTFORDSHIRE was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £1,205,000 results in an estimated price of approximately £1,817,366.
| 31 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £1,205,000 | £612,366 | £1,817,366 |
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 | 57.274 % | £690,146 | £1,895,146 |
| 3 Month Average | 35.080 % | £422,716 | £1,627,716 |
| 6 Month Average | 39.555 % | £476,638 | £1,681,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £1,846,881 | £1,800,000 | 61 MEADWAY |
| 26 Oct 2023 | £1,233,004 | £1,205,000 | 36 SIBLEY AVENUE |
| 18 Aug 2023 | £1,196,582 | £1,175,000 | 16 ALDWICK ROAD |
| 11 Nov 2022 | £1,990,692 | £2,000,000 | 80 MEADWAY |
| 26 Oct 2022 | £772,420 | £775,000 | 21 LEYCROFT WAY |
This house has a floor area of 231 sq meters or 2,486 sq feet when measured on 14 Feb 2014. Using an estimated price of £1,817,367 means this house is valued at £7,867 per sq meter (£730 per sq foot).
The average size of a house on MEADWAY is 158 sq meters (1,709 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Meadway |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Meadway |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadway |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheathampstead Road |
| Jun 2024 | Anti-social behaviour | On or near Greenway |