£1,271,794
This estimated value is based upon the latest sale price for the house of £1,240,000 on 5 Apr 2022. 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 |
|---|---|
| £1,240,000 | 5 Apr 2022 |
| £960,000 | 14 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 270 sq meters or 2,906 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 April 2022 the House Price Index for HERTFORDSHIRE was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £1,240,000 results in an estimated price of approximately £1,271,794.
| 5 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £1,240,000 | £31,794 | £1,271,794 |
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 | 1.206 % | £14,951 | £1,254,951 |
| 3 Month Average | 4.120 % | £51,087 | £1,291,087 |
| 6 Month Average | 4.405 % | £54,618 | £1,294,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £377,808 | £375,000 | BRIDGE HOUSE HIGH STREET |
| 31 Aug 2022 | £521,477 | £525,000 | 29 THE PARK |
| 11 Jul 2022 | £1,949,366 | £1,952,000 | 29 PROSPECT LANE |
| 5 Apr 2022 | £1,271,795 | £1,240,000 | PUNCH BOWL HOUSE REDBOURN ROAD |
| 1 Feb 2022 | £2,506,704 | £2,400,000 | SHAFFORD FARMHOUSE REDBOURN ROAD |
This house has a floor area of 270 sq meters or 2,906 sq feet when measured on 25 Nov 2015. Using an estimated price of £1,271,795 means this house is valued at £4,710 per sq meter (£437 per sq foot).
The average size of a house on REDBOURN ROAD is 174 sq meters (1,874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Redbourn Road | |
| Jan 2024 | Possession of weapons | Under investigation | On or near Hogg End Lane |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Chequer Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Park |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fish Street Farm |