£1,224,919
This estimated value is based upon the latest sale price for the house of £770,000 on 31 Jan 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 |
|---|---|
| £770,000 | 31 Jan 2014 |
| £745,000 | 2 Mar 2012 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 January 2014 the House Price Index for HERTFORDSHIRE was 93.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.080%.Applying this 59.080% change to the original purchase price of £770,000 results in an estimated price of approximately £1,224,919.
| 31 Jan 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.0 | 59.080 % | £770,000 | £454,919 | £1,224,919 |
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 | 15.808 % | £121,722 | £891,722 |
| 3 Month Average | 25.514 % | £196,455 | £966,455 |
| 6 Month Average | 34.496 % | £265,616 | £1,035,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £1,823,409 | £1,800,000 | 61 MEADWAY |
| 18 Aug 2023 | £1,182,189 | £1,175,000 | 16 ALDWICK ROAD |
| 11 Nov 2022 | £1,968,085 | £2,000,000 | 80 MEADWAY |
| 26 Oct 2022 | £763,648 | £775,000 | 21 LEYCROFT WAY |
| 24 Jun 2022 | £1,227,440 | £1,215,000 | 2 ASHCROFT CLOSE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 19 Oct 2011. Using an estimated price of £1,224,919 means this house is valued at £12,009 per sq meter (£1,115 per sq foot).
The average size of a house on MEADWAY is 158 sq meters (1,709 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashcroft Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Meadway |
| Mar 2024 | Anti-social behaviour | On or near Meadway | |
| Mar 2024 | Anti-social behaviour | On or near Meadway | |
| Mar 2024 | Anti-social behaviour | On or near Meadway |