£857,501
This estimated value is based upon the latest sale price for the house of £850,000 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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58 St Peters Street, St Albans, AL1 3HG
Phone: 01727294479
| Price Paid | Date |
|---|---|
| £850,000 | 4 Aug 2023 |
| £730,000 | 11 Feb 2020 |
| £550,000 | 15 Jun 2012 |
| £315,000 | 5 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 916 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 August 2023 the House Price Index for HERTFORDSHIRE was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £850,000 results in an estimated price of approximately £857,501.
| 4 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £850,000 | £7,501 | £857,501 |
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 | 32.724 % | £278,154 | £1,128,154 |
| 3 Month Average | -1.920 % | £-16,318 | £833,681 |
| 6 Month Average | -13.423 % | £-114,097 | £735,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £857,502 | £850,000 | 28 PEGASUS PLACE |
| 3 Apr 2023 | £940,122 | £930,000 | 2 ELEANORE PLACE |
| 21 Jun 2022 | £753,143 | £742,500 | 56 NORMANDY ROAD |
| 28 Jul 2021 | £833,217 | £725,000 | 64 WAVERLEY ROAD |
| 26 Jul 2021 | £919,412 | £800,000 | 49 WAVERLEY ROAD |
This house has a floor area of 85 sq meters or 916 sq feet when measured on 13 Nov 2011. Using an estimated price of £857,502 means this house is valued at £10,076 per sq meter (£936 per sq foot).
The average size of a house on PEGASUS PLACE is 119 sq meters (1,282 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pegasus Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pegasus Place |
| Feb 2024 | Anti-social behaviour | On or near Chene Drive | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chene Drive |
| Feb 2024 | Anti-social behaviour | On or near Chene Drive |