£480,466
This estimated value is based upon the latest sale price for the house of £278,000 on 18 Dec 2009. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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58 St Peters Street, St Albans, AL1 3HG
Phone: 01727294479
| Price Paid | Date |
|---|---|
| £278,000 | 18 Dec 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 45 sq meters or 490 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 2009 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £278,000 results in an estimated price of approximately £480,466.
| 18 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £278,000 | £202,466 | £480,466 |
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 | 69.954 % | £194,470 | £472,470 |
| 3 Month Average | 81.198 % | £225,730 | £503,730 |
| 6 Month Average | 65.967 % | £183,387 | £461,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £436,462 | £430,000 | 5 WOOLLAM CRESCENT |
| 29 Aug 2023 | £636,569 | £631,000 | 18 WOOLLAM CRESCENT |
| 28 Jul 2023 | £513,917 | £507,000 | 8 BIRCHMEAD CLOSE |
| 30 Jun 2023 | £647,847 | £640,000 | 71 GREEN LANE |
| 5 Apr 2023 | £798,599 | £790,000 | 3 GILLSTED COURT |
This house has a floor area of 45 sq meters or 490 sq feet when measured on 12 Jan 2009. Using an estimated price of £480,467 means this house is valued at £10,536 per sq meter (£978 per sq foot).
The average size of a house on MERLOT MEWS is 57 sq meters (614 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Merlot Mews |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Merlot Mews |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Merlot Mews |
| Dec 2023 | Anti-social behaviour | On or near Merlot Mews | |
| Dec 2023 | Anti-social behaviour | On or near Merlot Mews |