£1,238,250
This estimated value is based upon the latest sale price for the house of £975,000 on 14 Nov 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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48 High Street, Tring, HP23 5AG
Phone: 01442493008
Price Paid | Date |
---|---|
£975,000 | 14 Nov 2017 |
Detached |
Freehold |
Floor Area: 169 sq meters or 1,819 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 November 2017 the House Price Index for HERTFORDSHIRE was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £975,000 results in an estimated price of approximately £1,238,250.
14 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £975,000 | £263,250 | £1,238,250 |
The Postcode Pricing Model uses changes in average sales price within the HP23 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 | 28.949 % | £282,251 | £1,257,251 |
3 Month Average | 27.401 % | £267,162 | £1,242,162 |
6 Month Average | 9.748 % | £95,043 | £1,070,043 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 May 2024 | £985,000 | £985,000 | 20 GROVE PARK |
18 Dec 2023 | £1,083,287 | £1,050,000 | 79 GROVE ROAD |
2 Jun 2023 | £892,894 | £875,000 | MENDIP, 53 GROVE ROAD |
22 Feb 2023 | £805,380 | £800,000 | 34 GROVE PARK |
26 May 2022 | £657,118 | £639,999 | 2 SULGRAVE CRESCENT |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 12 Sep 2017. Using an estimated price of £1,238,251 means this house is valued at £7,326 per sq meter (£680 per sq foot).
The average size of a house on GROVE ROAD is 175 sq meters (1,884 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sulgrave Crescent |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sulgrave Crescent |
Oct 2024 | Anti-social behaviour | On or near Marshcroft Lane | |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Marshcroft Lane |
Jul 2024 | Anti-social behaviour | On or near Orchard Gardens |