£1,441,146
This estimated value is based upon the latest sale price for the house of £975,000 on 17 Nov 2014. 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 |
|---|---|
| £975,000 | 17 Nov 2014 |
| £745,000 | 13 Jul 2009 |
| £287,000 | 16 Jun 2000 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,504 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 2014 the House Price Index for HERTFORDSHIRE was 99.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.810%.Applying this 47.810% change to the original purchase price of £975,000 results in an estimated price of approximately £1,441,146.
| 17 Nov 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 146.7 | 47.810 % | £975,000 | £466,146 | £1,441,146 |
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 | 1190.869 % | £11,610,975 | £12,585,975 |
| 3 Month Average | 53.967 % | £526,177 | £1,501,177 |
| 6 Month Average | 47.313 % | £461,304 | £1,436,304 |
This house has a floor area of 139 sq meters or 1,504 sq feet when measured on 19 Jan 2009.
The average size of a house on RIDGMONT ROAD is 124 sq meters (1,336 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lime Tree Place |
| Feb 2024 | Other crime | Under investigation | On or near Ridgmont Road |
| Jan 2024 | Other crime | Under investigation | On or near Ridgmont Road |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Ridgmont Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grosvenor Road |