£798,626
This estimated value is based upon the latest sale price for the house of £500,000 on 24 Jan 2014. 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 |
|---|---|
| £500,000 | 24 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 January 2014 the House Price Index for HERTFORDSHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £500,000 results in an estimated price of approximately £798,626.
| 24 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £500,000 | £298,626 | £798,626 |
The Postcode Pricing Model uses changes in average sales price within the AL4 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 | 36.840 % | £184,202 | £684,202 |
| 3 Month Average | 41.443 % | £207,213 | £707,213 |
| 6 Month Average | 78.540 % | £392,702 | £892,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £481,480 | £475,000 | 13 RUNCIE CLOSE |
| 22 Jun 2023 | £2,323 | £2,295 | 7 RUNCIE CLOSE |
| 20 Jan 2023 | £454,857 | £457,000 | 17 RUNCIE CLOSE |
| 7 Dec 2021 | £1,355,292 | £1,265,000 | 22 KINGSHILL AVENUE |
| 10 Nov 2021 | £10,815 | £10,000 | 10 RUNCIE CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 14 Oct 2013. Using an estimated price of £798,627 means this house is valued at £9,859 per sq meter (£915 per sq foot).
The average size of a house on THE RIDGEWAY is 108 sq meters (1,171 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |