£898,748
This estimated value is based upon the latest sale price for the house of £722,500 on 6 Jun 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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5 Wycombe Place, St Albans, AL4 9RH
Phone: 01727809084
| Price Paid | Date |
|---|---|
| £722,500 | 6 Jun 2018 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 June 2018 the House Price Index for HERTFORDSHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £722,500 results in an estimated price of approximately £898,748.
| 6 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £722,500 | £176,248 | £898,748 |
The Postcode Pricing Model uses changes in average sales price within the AL4 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 | -1.012 % | £-7,312 | £715,187 |
| 3 Month Average | -10.236 % | £-73,956 | £648,543 |
| 6 Month Average | 13.195 % | £95,335 | £817,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £906,592 | £895,000 | 4 CHANCERY CLOSE |
| 29 Aug 2023 | £882,722 | £875,000 | 1 LANGHAM CLOSE |
| 10 Jul 2023 | £991,342 | £978,000 | 5 LINCOLNS CLOSE |
| 13 Apr 2023 | £899,687 | £890,000 | 12 CROMWELL CLOSE |
| 16 Nov 2022 | £1,160,938 | £1,175,000 | 13 PIRTON CLOSE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 2 Oct 2017. Using an estimated price of £898,748 means this house is valued at £8,096 per sq meter (£752 per sq foot).
The average size of a house on CROMWELL CLOSE is 159 sq meters (1,714 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Cromwell Close |
| Feb 2024 | Anti-social behaviour | On or near Pirton Close | |
| Feb 2024 | Anti-social behaviour | On or near Pirton Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wendover Close |
| Mar 2024 | Anti-social behaviour | On or near Wilstone Drive |