£541,192
This estimated value is based upon the latest sale price for the house of £430,000 on 24 Jul 2017. 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 |
|---|---|
| £430,000 | 24 Jul 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 2017 the House Price Index for HERTFORDSHIRE was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £430,000 results in an estimated price of approximately £541,192.
| 24 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £430,000 | £111,192 | £541,192 |
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 | 817.251 % | £3,514,181 | £3,944,181 |
| 3 Month Average | 20.204 % | £86,877 | £516,877 |
| 6 Month Average | 21.062 % | £90,566 | £520,566 |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 12 Apr 2017.
The average size of a house on COTTONMILL LANE is 89 sq meters (961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Cloister Garth |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nuns Lane |
| Mar 2024 | Bicycle theft | Under investigation | On or near Old Oak |
| Feb 2024 | Anti-social behaviour | On or near Old Oak | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Oak |