£341,966
This estimated value is based upon the latest sale price for the house of £186,000 on 1 Jul 2005. 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 |
|---|---|
| £186,000 | 1 Jul 2005 |
| £175,000 | 11 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 July 2005 the House Price Index for HERTFORDSHIRE was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £186,000 results in an estimated price of approximately £341,966.
| 1 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £186,000 | £155,966 | £341,966 |
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 | 101.273 % | £188,367 | £374,367 |
| 3 Month Average | 99.690 % | £185,422 | £371,422 |
| 6 Month Average | 106.783 % | £198,615 | £384,615 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £479,192 | £475,000 | 20 HOBART WALK |
| 27 Jul 2023 | £250,370 | £247,000 | 44 BEECH ROAD |
| 28 Nov 2022 | £405,093 | £410,000 | 18 MELBOURNE CLOSE |
| 12 Aug 2022 | £438,819 | £440,000 | 47 CANBERRA CLOSE |
| 19 Apr 2022 | £491,729 | £477,500 | 16 CANBERRA CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 22 Oct 2013. Using an estimated price of £341,966 means this house is valued at £4,120 per sq meter (£382 per sq foot).
The average size of a house on MELBOURNE CLOSE is 106 sq meters (1,144 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melbourne Close |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Close | |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Close | |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Close | |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Close |