£308,719
This estimated value is based upon the latest sale price for the house of £260,000 on 18 Sep 2020. 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 |
|---|---|
| £260,000 | 18 Sep 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 September 2020 the House Price Index for HERTFORDSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £260,000 results in an estimated price of approximately £308,719.
| 18 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £260,000 | £48,719 | £308,719 |
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 | 5.683 % | £14,776 | £274,776 |
| 3 Month Average | 8.025 % | £20,864 | £280,864 |
| 6 Month Average | 0.057 % | £147 | £260,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £455,828 | £450,000 | UNIT 6 GAVEL CENTRE PORTERS WOOD |
| 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 |
| 30 Sep 2021 | £261,316 | £242,500 | 4 WOODLAND COURT SOOTHOUSE SPRING |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 17 Oct 2018. Using an estimated price of £308,719 means this house is valued at £6,431 per sq meter (£597 per sq foot).
The average size of a house on SOOTHOUSE SPRING is 60 sq meters (649 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Soothouse Spring |
| Mar 2024 | Anti-social behaviour | On or near Valley Road | |
| Jan 2024 | Anti-social behaviour | On or near Valley Road | |
| Jan 2024 | Anti-social behaviour | On or near Valley Road | |
| Jan 2024 | Anti-social behaviour | On or near Valley Road |