£627,614
This estimated value is based upon the latest sale price for the house of £507,500 on 30 Apr 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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St Albans, AL3 4TQ
Phone: 01727294481
| Price Paid | Date |
|---|---|
| £507,500 | 30 Apr 2019 |
| £515,000 | 31 Jul 2017 |
| £450,000 | 20 Nov 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 102 sq meters or 1,097 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 April 2019 the House Price Index for HERTFORDSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £507,500 results in an estimated price of approximately £627,614.
| 30 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £507,500 | £120,114 | £627,614 |
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 | 11.123 % | £56,446 | £563,946 |
| 3 Month Average | 6.561 % | £33,298 | £540,798 |
| 6 Month Average | 4.210 % | £21,364 | £528,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £253,757 | £250,000 | 35 CASSIUS DRIVE |
| 30 Jun 2023 | £602,296 | £595,000 | 10 CORINIUM GATE |
| 29 Jun 2023 | £911,035 | £900,000 | 16 MORTIMER CRESCENT |
| 19 Apr 2023 | £687,401 | £680,000 | 41 CORINIUM GATE |
| 10 Oct 2022 | £539,194 | £545,000 | FLAT 8 MILTON HOUSE, 4 WORDSWORTH CLOSE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 7 Aug 2013. Using an estimated price of £627,615 means this house is valued at £6,153 per sq meter (£571 per sq foot).
The average size of a house on WORDSWORTH CLOSE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mortimer Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mortimer Crescent |
| Jan 2024 | Other theft | Under investigation | On or near Wordsworth Close |
| Dec 2023 | Other theft | Local resolution | On or near Wordsworth Close |
| Feb 2024 | Anti-social behaviour | On or near Corinium Gate |