£235,073
This estimated value is based upon the latest sale price for the house of £115,000 on 8 Apr 2004. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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7 Market Place, St Albans, AL3 5DR
Phone: 01727294789
| Price Paid | Date |
|---|---|
| £115,000 | 8 Apr 2004 |
| £125,000 | 5 Dec 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 April 2004 the House Price Index for HERTFORDSHIRE was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £115,000 results in an estimated price of approximately £235,073.
| 8 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £115,000 | £120,073 | £235,073 |
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 | 122.247 % | £140,584 | £255,584 |
| 3 Month Average | 114.217 % | £131,349 | £246,349 |
| 6 Month Average | 118.082 % | £135,794 | £250,794 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £313,801 | £310,000 | FLAT 3 7A CHEQUER STREET |
| 2 Feb 2022 | £838,956 | £800,000 | 36 MARKET PLACE |
| 9 Aug 2021 | £476,926 | £427,500 | FLAT 6 7A CHEQUER STREET |
| 15 Jul 2021 | £279,271 | £243,000 | FLAT 5 7A CHEQUER STREET |
| 30 Jun 2021 | £557,921 | £520,000 | 34A MARKET PLACE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 22 Mar 2018. Using an estimated price of £235,074 means this house is valued at £4,797 per sq meter (£445 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Market Place |
| Apr 2024 | Public order | Under investigation | On or near Market Place |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Market Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Market Place |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Market Place |