£496,113
This estimated value is based upon the latest sale price for the house of £413,750 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Fountain Court, 2 Victoria Square, St Albans, AL1 3TF
Phone: 01727294220
Price Paid | Date |
---|---|
£413,750 | 28 Aug 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 August 2020 the House Price Index for HERTFORDSHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £413,750 results in an estimated price of approximately £496,113.
28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.6 | 19.907 % | £413,750 | £82,363 | £496,113 |
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 | 643.166 % | £2,661,101 | £3,074,851 |
3 Month Average | 22.759 % | £94,164 | £507,914 |
6 Month Average | 22.664 % | £93,770 | £507,520 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £381,678 | £375,000 | 3 ABBOTS PARK |
30 Aug 2023 | £322,824 | £320,000 | 4 DUNCAN COURT LONDON ROAD |
14 Mar 2023 | £328,091 | £325,000 | 1 ELEANOR HOUSE, 232 LONDON ROAD |
15 Sep 2022 | £466,235 | £470,000 | 87 ABBOTS PARK |
19 Aug 2022 | £528,577 | £530,000 | 12 ELEANOR HOUSE, 232 LONDON ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 17 Jul 2018. Using an estimated price of £496,114 means this house is valued at £8,268 per sq meter (£768 per sq foot).
The average size of a house on WAIN CLOSE is 104 sq meters (1,123 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near London Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Duncan Court |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Stuart Place |
Feb 2024 | Public order | Under investigation | On or near Cunningham Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Cunningham Avenue |