£432,385
This estimated value is based upon the latest sale price for the house of £350,000 on 5 Mar 2019. 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 |
|---|---|
| £350,000 | 5 Mar 2019 |
| £240,000 | 15 Jun 2012 |
| 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 March 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £350,000 results in an estimated price of approximately £432,385.
| 5 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £350,000 | £82,385 | £432,385 |
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 | 17.834 % | £62,417 | £412,417 |
| 3 Month Average | 10.967 % | £38,385 | £388,385 |
| 6 Month Average | 3.792 % | £13,271 | £363,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £479,192 | £475,000 | 20 HOBART WALK |
| 27 Jul 2023 | £250,370 | £247,000 | 44 BEECH ROAD |
| 16 Jun 2023 | £607,357 | £600,000 | 16 - 18 BEECH ROAD |
| 28 Nov 2022 | £405,093 | £410,000 | 18 MELBOURNE CLOSE |
| 12 Aug 2022 | £438,819 | £440,000 | 47 CANBERRA CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Oct 2018. Using an estimated price of £432,386 means this house is valued at £5,338 per sq meter (£495 per sq foot).
The average size of a house on CANBERRA CLOSE is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Canberra Close | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Canberra Close |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Canberra Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Canberra Close |
| Jan 2024 | Anti-social behaviour | On or near Canberra Close |