£1,053,488
This estimated value is based upon the latest sale price for the house of £815,000 on 20 Apr 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Offa Road
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St Albans, AL3 4TQ
Phone: 01727294481
| Price Paid | Date |
|---|---|
| £815,000 | 20 Apr 2017 |
| £600,000 | 10 Aug 2012 |
| £175,000 | 29 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2017 the House Price Index for HERTFORDSHIRE was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £815,000 results in an estimated price of approximately £1,053,488.
| 20 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £815,000 | £238,488 | £1,053,488 |
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 | 15.038 % | £122,561 | £937,561 |
| 3 Month Average | 27.902 % | £227,400 | £1,042,400 |
| 6 Month Average | 14.688 % | £119,709 | £934,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £1,406,429 | £1,387,500 | 4A VER ROAD |
| 25 Aug 2022 | £1,296,510 | £1,300,000 | 2 MOUNT PLEASANT |
| 22 Jul 2022 | £609,641 | £608,000 | 112 FISHPOOL STREET |
| 8 Jul 2022 | £656,768 | £655,000 | 38 PORTLAND STREET |
| 28 Feb 2022 | £346,069 | £330,000 | 37 KINGS COURT MOUNT PLEASANT |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 21 Feb 2017. Using an estimated price of £1,053,488 means this house is valued at £8,706 per sq meter (£808 per sq foot).
The average size of a house on OFFA ROAD is 153 sq meters (1,654 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,302 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Offa Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ver Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Mount Pleasant |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King'S Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near New England Street |