£578,394
This estimated value is based upon the latest sale price for the house of £467,700 on 29 Apr 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 |
---|---|
£467,700 | 29 Apr 2019 |
£295,000 | 2 Nov 2011 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 April 2019 the House Price Index for HERTFORDSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £467,700 results in an estimated price of approximately £578,394.
29 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.668 % | £467,700 | £110,694 | £578,394 |
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 | 11.123 % | £52,020 | £519,720 |
3 Month Average | 6.561 % | £30,686 | £498,386 |
6 Month Average | 4.210 % | £19,689 | £487,389 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2023 | £479,192 | £475,000 | 20 HOBART WALK |
28 Nov 2022 | £405,093 | £410,000 | 18 MELBOURNE CLOSE |
12 Aug 2022 | £438,819 | £440,000 | 47 CANBERRA CLOSE |
10 Mar 2022 | £430,049 | £415,000 | 29 CANBERRA CLOSE |
23 Nov 2021 | £839,255 | £776,000 | 9 FIRBANK ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 13 Jul 2011. Using an estimated price of £578,395 means this house is valued at £6,355 per sq meter (£590 per sq foot).
The average size of a house on HOBART WALK is 93 sq meters (1,010 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Valley Road | |
Jan 2024 | Anti-social behaviour | On or near Valley Road | |
Jan 2024 | Anti-social behaviour | On or near Valley Road | |
Jan 2024 | Anti-social behaviour | On or near Valley Road | |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Firbank Road |