£567,027
This estimated value is based upon the latest sale price for the house of £475,000 on 2 Jul 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Fountain Court, 2 Victoria Square, St Albans, AL1 3TF
Phone: 01727294220
| Price Paid | Date |
|---|---|
| £475,000 | 2 Jul 2020 |
| £267,500 | 18 Dec 2012 |
| £250,000 | 4 Apr 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 811 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 July 2020 the House Price Index for HERTFORDSHIRE was 122.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £475,000 results in an estimated price of approximately £567,027.
| 2 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 146.7 | 19.374 % | £475,000 | £92,027 | £567,027 |
The Postcode Pricing Model uses changes in average sales price within the AL1 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 | 806.757 % | £3,832,097 | £4,307,097 |
| 3 Month Average | 53.113 % | £252,286 | £727,286 |
| 6 Month Average | 23.513 % | £111,684 | £586,684 |
This house has a floor area of 75 sq meters or 811 sq feet when measured on 4 Nov 2010.
The average size of a house on GRASMERE ROAD is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Grasmere Road |
| Dec 2023 | Possession of weapons | Formal action is not in the public interest | On or near Grasmere Road |
| Dec 2023 | Anti-social behaviour | On or near Cell Barnes Lane | |
| Dec 2023 | Anti-social behaviour | On or near Cell Barnes Lane | |
| Dec 2023 | Anti-social behaviour | On or near Cell Barnes Lane |