£579,676
This estimated value is based upon the latest sale price for the house of £500,000 on 11 Nov 2020. 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 |
|---|---|
| £500,000 | 11 Nov 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 November 2020 the House Price Index for HERTFORDSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £500,000 results in an estimated price of approximately £579,676.
| 11 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £500,000 | £79,676 | £579,676 |
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 | -8.091 % | £-40,453 | £459,546 |
| 3 Month Average | 0.902 % | £4,507 | £504,507 |
| 6 Month Average | -3.238 % | £-16,189 | £483,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £659,768 | £650,000 | 8 CAVAN DRIVE |
| 27 Jul 2023 | £598,049 | £590,000 | 42 FLINT WAY |
| 11 Nov 2022 | £553,298 | £560,000 | 74 HIGH OAKS |
| 12 Sep 2022 | £590,234 | £595,000 | 57 HIGH OAKS |
| 25 Feb 2022 | £552,662 | £527,000 | 18 CAVAN DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 20 May 2019. Using an estimated price of £579,677 means this house is valued at £6,233 per sq meter (£579 per sq foot).
The average size of a house on SPARROWSWICK RIDE is 156 sq meters (1,684 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Sparrowswick Ride | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sparrowswick Ride |
| Feb 2024 | Anti-social behaviour | On or near Sparrowswick Ride | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sparrowswick Ride |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sparrowswick Ride |