£1,028,148
This estimated value is based upon the latest sale price for the house of £665,000 on 21 May 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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58 St Peters Street, St Albans, AL1 3HG
Phone: 01727294479
| Price Paid | Date |
|---|---|
| £665,000 | 21 May 2014 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 May 2014 the House Price Index for HERTFORDSHIRE was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £665,000 results in an estimated price of approximately £1,028,148.
| 21 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £665,000 | £363,148 | £1,028,148 |
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 | 22.356 % | £148,668 | £813,668 |
| 3 Month Average | 39.427 % | £262,190 | £927,190 |
| 6 Month Average | 25.390 % | £168,846 | £833,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £1,428,272 | £1,435,000 | 5 LITTLE HEATH SPINNEY HEATH FARM LANE |
| 28 Jun 2022 | £3,068,362 | £3,025,000 | MONTROSE HOUSE, 1A CRICKETERS CLOSE |
| 16 Jun 2022 | £1,313,563 | £1,295,000 | 16 SPENCER GATE |
| 27 May 2022 | £168,169 | £165,000 | FLAT 2 EMPSON HOUSE, 21 SANDRIDGE ROAD |
| 27 May 2022 | £214,033 | £210,000 | FLAT 3 EMPSON HOUSE, 21 SANDRIDGE ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 24 Jan 2014. Using an estimated price of £1,028,149 means this house is valued at £9,098 per sq meter (£845 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Spencer Gate |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Spencer Gate |
| Mar 2024 | Anti-social behaviour | On or near Cricketers Close | |
| Feb 2024 | Anti-social behaviour | On or near Cricketers Close | |
| Feb 2024 | Anti-social behaviour | On or near Cricketers Close |