£589,562
This estimated value is based upon the latest sale price for the house of £160,000 on 11 Aug 2000. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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The Ridgeway, St Albans, AL4 9NU
Phone: 01727294397
| Price Paid | Date |
|---|---|
| £160,000 | 11 Aug 2000 |
| Terraced |
| Leasehold |
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 August 2000 the House Price Index for HERTFORDSHIRE was 40.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 268.477%.Applying this 268.477% change to the original purchase price of £160,000 results in an estimated price of approximately £589,562.
| 11 Aug 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.0 | 268.477 % | £160,000 | £429,562 | £589,562 |
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 | 164.073 % | £262,516 | £422,516 |
| 3 Month Average | 176.283 % | £282,052 | £442,052 |
| 6 Month Average | 192.413 % | £307,861 | £467,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £560,606 | £550,000 | 41 CANBERRA CLOSE |
| 15 Aug 2023 | £477,906 | £475,000 | 20 HOBART WALK |
| 12 Jun 2023 | £252,044 | £250,000 | FLAT 4A WOODLAND COURT SOOTHOUSE SPRING |
| 20 Mar 2023 | £241,304 | £240,000 | 3 WOODLAND COURT SOOTHOUSE SPRING |
| 9 Mar 2023 | £231,250 | £230,000 | 26 WOODLAND COURT SOOTHOUSE SPRING |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melbourne Close |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Close | |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Close | |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Close | |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Close |