£605,507
This estimated value is based upon the latest sale price for the house of £500,000 on 19 Jun 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 | 19 Jun 2020 |
| £183,000 | 24 Jul 2002 |
| £105,000 | 7 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 June 2020 the House Price Index for HERTFORDSHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £500,000 results in an estimated price of approximately £605,507.
| 19 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £500,000 | £105,507 | £605,507 |
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 | 233.806 % | £1,169,032 | £1,669,032 |
| 3 Month Average | -6.972 % | £-34,861 | £465,138 |
| 6 Month Average | 3.027 % | £15,135 | £515,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £300,126 | £297,500 | FLAT 9 PORTMAN HOUSE THERFIELD ROAD |
| 28 Jul 2023 | £513,917 | £507,000 | 8 BIRCHMEAD CLOSE |
| 28 Jul 2023 | £658,868 | £650,000 | 62 BATCHWOOD DRIVE |
| 30 Jun 2023 | £647,847 | £640,000 | 71 GREEN LANE |
| 5 Apr 2023 | £798,599 | £790,000 | 3 GILLSTED COURT |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 13 Jan 2018. Using an estimated price of £605,508 means this house is valued at £5,878 per sq meter (£546 per sq foot).
There is one other house on the street which we know the size of, this is 5 REPTON GREEN it is 82.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Green Lane |
| Apr 2024 | Anti-social behaviour | On or near Green Lane | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |
| Feb 2024 | Anti-social behaviour | On or near Green Lane | |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Green Lane |