£1,128,926
This estimated value is based upon the latest sale price for the house of £725,000 on 29 Apr 2014. 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 |
|---|---|
| £725,000 | 29 Apr 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 182 sq meters or 1,959 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 2014 the House Price Index for HERTFORDSHIRE was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £725,000 results in an estimated price of approximately £1,128,926.
| 29 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £725,000 | £403,926 | £1,128,926 |
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 | 29.388 % | £213,065 | £938,065 |
| 3 Month Average | 43.321 % | £314,079 | £1,039,079 |
| 6 Month Average | 25.605 % | £185,633 | £910,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £253,757 | £250,000 | 35 CASSIUS DRIVE |
| 30 Jun 2023 | £602,296 | £595,000 | 10 CORINIUM GATE |
| 29 Jun 2023 | £911,035 | £900,000 | 16 MORTIMER CRESCENT |
| 10 Oct 2022 | £539,194 | £545,000 | FLAT 8 MILTON HOUSE, 4 WORDSWORTH CLOSE |
| 7 Dec 2021 | £361,590 | £337,500 | FLAT 10 YEATS HOUSE, 2 WORDSWORTH CLOSE |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 7 Feb 2013. Using an estimated price of £1,128,926 means this house is valued at £6,202 per sq meter (£576 per sq foot).
The average size of a house on MORTIMER CRESCENT is 144 sq meters (1,554 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mortimer Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mortimer Crescent |
| Feb 2024 | Anti-social behaviour | On or near The Green | |
| Feb 2024 | Anti-social behaviour | On or near The Green | |
| Jan 2024 | Other theft | Under investigation | On or near Wordsworth Close |