£907,569
This estimated value is based upon the latest sale price for the house of £740,000 on 8 Nov 2019. 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 |
|---|---|
| £740,000 | 8 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 November 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £740,000 results in an estimated price of approximately £907,569.
| 8 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £740,000 | £167,569 | £907,569 |
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 | 1050.595 % | £7,774,405 | £8,514,405 |
| 3 Month Average | 24.151 % | £178,714 | £918,714 |
| 6 Month Average | 20.699 % | £153,169 | £893,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £381,678 | £375,000 | 3 ABBOTS PARK |
| 30 Aug 2023 | £322,824 | £320,000 | 4 DUNCAN COURT LONDON ROAD |
| 14 Mar 2023 | £328,091 | £325,000 | 1 ELEANOR HOUSE, 232 LONDON ROAD |
| 15 Sep 2022 | £466,235 | £470,000 | 87 ABBOTS PARK |
| 19 Aug 2022 | £528,577 | £530,000 | 12 ELEANOR HOUSE, 232 LONDON ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 21 Jun 2019. Using an estimated price of £907,570 means this house is valued at £7,563 per sq meter (£702 per sq foot).
The average size of a house on WAIN CLOSE is 104 sq meters (1,123 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near London Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Duncan Court |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Stuart Place |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Cunningham Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cunningham Avenue |