£300,192
This estimated value is based upon the latest sale price for the house of £175,000 on 7 Jan 2011. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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St Albans, AL3 4TQ
Phone: 01727294481
| Price Paid | Date |
|---|---|
| £175,000 | 7 Jan 2011 |
| £50,000 | 31 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 748 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 2011 the House Price Index for HERTFORDSHIRE was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £175,000 results in an estimated price of approximately £300,192.
| 7 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.539 % | £175,000 | £125,192 | £300,192 |
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 | 58.244 % | £101,927 | £276,927 |
| 3 Month Average | 88.467 % | £154,817 | £329,817 |
| 6 Month Average | 58.995 % | £103,241 | £278,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £497,656 | £500,000 | 6 LAWRANCE ROAD |
| 5 Aug 2022 | £997,315 | £1,000,000 | 17 TOULMIN DRIVE |
| 15 Mar 2022 | £699,477 | £675,000 | 6 TOULMIN DRIVE |
| 1 Nov 2021 | £757,060 | £700,000 | 20 MAPLE AVENUE |
| 26 Oct 2021 | £580,901 | £525,000 | 5 HENDERSON CLOSE |
This house has a floor area of 69 sq meters or 748 sq feet when measured on 18 Aug 2010. Using an estimated price of £300,193 means this house is valued at £4,316 per sq meter (£400 per sq foot).
The average size of a house on LAWRANCE ROAD is 90 sq meters (973 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Blenkin Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blenkin Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woollam Crescent |
| Mar 2024 | Drugs | Under investigation | On or near Toulmin Drive |
| Mar 2024 | Anti-social behaviour | On or near Henderson Close |