£452,735
This estimated value is based upon the latest sale price for the house of £340,000 on 12 Jul 2016. 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 |
|---|---|
| £340,000 | 12 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2016 the House Price Index for HERTFORDSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £340,000 results in an estimated price of approximately £452,735.
| 12 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £340,000 | £112,735 | £452,735 |
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 | 21.467 % | £72,986 | £412,986 |
| 3 Month Average | 24.243 % | £82,425 | £422,425 |
| 6 Month Average | 8.860 % | £30,122 | £370,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £479,192 | £475,000 | 20 HOBART WALK |
| 27 Jul 2023 | £250,370 | £247,000 | 44 BEECH ROAD |
| 28 Nov 2022 | £405,093 | £410,000 | 18 MELBOURNE CLOSE |
| 12 Aug 2022 | £438,819 | £440,000 | 47 CANBERRA CLOSE |
| 19 Apr 2022 | £491,729 | £477,500 | 16 CANBERRA CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 1 Mar 2016. Using an estimated price of £452,736 means this house is valued at £6,036 per sq meter (£560 per sq foot).
The average size of a house on CANBERRA CLOSE is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Canberra Close |
| Jan 2024 | Anti-social behaviour | On or near Canberra Close | |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Canberra Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Canberra Close |
| Jan 2024 | Anti-social behaviour | On or near Canberra Close |