£454,740
This estimated value is based upon the latest sale price for the house of £275,000 on 13 Aug 2013. 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 |
|---|---|
| £275,000 | 13 Aug 2013 |
| £170,000 | 14 Jun 2001 |
| £80,000 | 1 Apr 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2013 the House Price Index for HERTFORDSHIRE was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £275,000 results in an estimated price of approximately £454,740.
| 13 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £275,000 | £179,740 | £454,740 |
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 | 133.315 % | £366,616 | £641,616 |
| 3 Month Average | 94.409 % | £259,625 | £534,625 |
| 6 Month Average | 79.801 % | £219,452 | £494,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £405,181 | £400,000 | 253 CELL BARNES LANE |
| 21 Aug 2023 | £494,829 | £490,500 | 112 CELL BARNES LANE |
| 14 Jul 2023 | £557,503 | £550,000 | 78 CELL BARNES LANE |
| 12 Aug 2022 | £501,151 | £502,500 | 120 THIRLMERE DRIVE |
| 15 Jul 2022 | £290,783 | £290,000 | 45 ALDWICK COURT CELL BARNES LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 Dec 2011. Using an estimated price of £454,740 means this house is valued at £6,058 per sq meter (£562 per sq foot).
There is one other house on the street which we know the size of, this is 6 GRASMERE ROAD it is 78.0