£647,601
This estimated value is based upon the latest sale price for the house of £300,000 on 15 Jan 2004. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Marshcroft Lane
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48 High Street, Tring, HP23 5AG
Phone: 01442493008
| Price Paid | Date |
|---|---|
| £300,000 | 15 Jan 2004 |
| 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 2004 the House Price Index for HERTFORDSHIRE was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £300,000 results in an estimated price of approximately £647,601.
| 15 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £300,000 | £347,601 | £647,601 |
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 | 146.244 % | £438,731 | £738,731 |
| 3 Month Average | 110.769 % | £332,307 | £632,307 |
| 6 Month Average | 92.015 % | £276,046 | £576,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £1,083,287 | £1,050,000 | 79 GROVE ROAD |
| 17 Oct 2023 | £767,430 | £750,000 | 27 HOLLYFIELD CLOSE |
| 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 102 sq meters or 1,097 sq feet when measured on 1 Nov 2019. Using an estimated price of £647,601 means this house is valued at £6,349 per sq meter (£589 per sq foot).
The average size of a house on MARSHCROFT LANE is 127 sq meters (1,369 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Marshcroft Lane | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Marshcroft Lane |
| 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 |
| Jul 2024 | Anti-social behaviour | On or near Orchard Gardens |