£1,238,724
This estimated value is based upon the latest sale price for the house of £932,500 on 28 Sep 2016. 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 |
|---|---|
| £932,500 | 28 Sep 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 2016 the House Price Index for HERTFORDSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £932,500 results in an estimated price of approximately £1,238,724.
| 28 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £932,500 | £306,224 | £1,238,724 |
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 | 43.145 % | £402,326 | £1,334,826 |
| 3 Month Average | 16.684 % | £155,573 | £1,088,073 |
| 6 Month Average | 18.584 % | £173,296 | £1,105,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £1,266,190 | £1,250,000 | 94 LANCASTER ROAD |
| 8 Sep 2023 | £1,261,125 | £1,245,000 | 84 LANCASTER ROAD |
| 28 Jul 2023 | £1,008,574 | £995,000 | 169 SANDRIDGE ROAD |
| 27 Jul 2023 | £250,370 | £247,000 | 44 BEECH ROAD |
| 16 Jun 2023 | £607,357 | £600,000 | 16 - 18 BEECH ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 29 Apr 2016. Using an estimated price of £1,238,725 means this house is valued at £9,909 per sq meter (£920 per sq foot).
The average size of a house on LANCASTER ROAD is 172 sq meters (1,851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B651 |
| Apr 2024 | Anti-social behaviour | On or near B651 | |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |