£3,425,697
This estimated value is based upon the latest sale price for the house of £2,600,000 on 30 Nov 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Third Floor St. Peters House 45 Victoria Street, St Albans, AL1 3HZ
Phone: 01727294874
| Price Paid | Date |
|---|---|
| £2,600,000 | 30 Nov 2016 |
| £1,000,000 | 30 Oct 2015 |
| Freehold |
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 2016 the House Price Index for HERTFORDSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £2,600,000 results in an estimated price of approximately £3,425,697.
| 30 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £2,600,000 | £825,697 | £3,425,697 |
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 | 852.801 % | £22,172,831 | £24,772,831 |
| 3 Month Average | 11.121 % | £289,153 | £2,889,153 |
| 6 Month Average | 13.876 % | £360,784 | £2,960,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £504,413 | £500,000 | 61 MILLINERS COURT |
| 17 Aug 2023 | £393,442 | £390,000 | FLAT 5 SAXON HOUSE, 2 UPPER MARLBOROUGH ROAD |
| 16 Aug 2023 | £307,692 | £305,000 | 8 KING HOUSE, 55 VICTORIA STREET |
| 25 Aug 2022 | £445,800 | £447,000 | 3 MILLINERS COURT |
| 26 May 2022 | £524,890 | £515,000 | 1 MILLINERS COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Liverpool Road |
| Jan 2024 | Drugs | Local resolution | On or near Liverpool Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Liverpool Road |
| Jan 2024 | Anti-social behaviour | On or near Marlborough Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Road |