£423,652
This estimated value is based upon the latest sale price for the house of £250,000 on 24 Aug 2010. 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 |
|---|---|
| £250,000 | 24 Aug 2010 |
| £197,500 | 23 Jun 2005 |
| £198,000 | 3 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 2010 the House Price Index for HERTFORDSHIRE was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £250,000 results in an estimated price of approximately £423,652.
| 24 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.461 % | £250,000 | £173,652 | £423,652 |
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 | 60.953 % | £152,381 | £402,381 |
| 3 Month Average | 75.041 % | £187,601 | £437,601 |
| 6 Month Average | 52.361 % | £130,903 | £380,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £479,192 | £475,000 | 20 HOBART WALK |
| 12 Jun 2023 | £253,065 | £250,000 | FLAT 4A WOODLAND COURT SOOTHOUSE SPRING |
| 20 Mar 2023 | £242,283 | £240,000 | 3 WOODLAND COURT SOOTHOUSE SPRING |
| 9 Mar 2023 | £232,188 | £230,000 | 26 WOODLAND COURT SOOTHOUSE SPRING |
| 28 Nov 2022 | £405,093 | £410,000 | 18 MELBOURNE CLOSE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 14 Sep 2020. Using an estimated price of £423,653 means this house is valued at £3,092 per sq meter (£287 per sq foot).
The average size of a house on MELBOURNE CLOSE is 97 sq meters (1,051 sq feet).
This house is the largest in the street with a floor area of 137 sq meters (1,474 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melbourne Close |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Close | |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Close | |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Close | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Melbourne Close |