£208,817
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Apr 2007. 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 |
|---|---|
| £130,000 | 30 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2007 the House Price Index for HERTFORDSHIRE was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £130,000 results in an estimated price of approximately £208,817.
| 30 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £130,000 | £78,817 | £208,817 |
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 | 169.607 % | £220,489 | £350,489 |
| 3 Month Average | 101.596 % | £132,074 | £262,074 |
| 6 Month Average | 95.947 % | £124,730 | £254,730 |
| 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 58 sq meters or 624 sq feet when measured on 28 Feb 2019. Using an estimated price of £208,817 means this house is valued at £3,600 per sq meter (£334 per sq foot).
The average size of a house on CELL BARNES LANE is 85 sq meters (917 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).