£909,822
This estimated value is based upon the latest sale price for the house of £610,000 on 5 Dec 2014. 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 |
|---|---|
| £610,000 | 5 Dec 2014 |
| £235,000 | 28 Jul 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,327 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 December 2014 the House Price Index for HERTFORDSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £610,000 results in an estimated price of approximately £909,822.
| 5 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £610,000 | £299,822 | £909,822 |
The Postcode Pricing Model uses changes in average sales price within the AL4 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 | 95.578 % | £583,027 | £1,193,027 |
| 3 Month Average | 10.625 % | £64,814 | £674,814 |
| 6 Month Average | 38.382 % | £234,130 | £844,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £481,480 | £475,000 | 13 RUNCIE CLOSE |
| 22 Jun 2023 | £2,323 | £2,295 | 7 RUNCIE CLOSE |
| 10 Feb 2023 | £819,449 | £820,000 | 7 DOWNES ROAD |
| 20 Jan 2023 | £454,857 | £457,000 | 17 RUNCIE CLOSE |
| 25 Jul 2022 | £1,203,239 | £1,200,000 | 45 PONDFIELD CRESCENT |
This house has a floor area of 123 sq meters or 1,327 sq feet when measured on 17 Mar 2010. Using an estimated price of £909,822 means this house is valued at £7,378 per sq meter (£685 per sq foot).
The average size of a house on THE RIDGEWAY is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Runcie Close | |
| Jan 2024 | Anti-social behaviour | On or near Runcie Close | |
| Jan 2024 | Anti-social behaviour | On or near Runcie Close | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Slimmons Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Boling Brook |