£613,161
This estimated value is based upon the latest sale price for the house of £500,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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St Albans, AL3 4TQ
Phone: 01727294481
| Price Paid | Date |
|---|---|
| £500,000 | 25 Oct 2019 |
| £395,000 | 18 Jul 2013 |
| £320,000 | 20 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
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 October 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £500,000 results in an estimated price of approximately £613,161.
| 25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £500,000 | £113,161 | £613,161 |
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 | 5.422 % | £27,110 | £527,110 |
| 3 Month Average | 5.395 % | £26,972 | £526,972 |
| 6 Month Average | 7.156 % | £35,777 | £535,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £880,404 | £865,000 | 83 KING HARRY LANE |
| 12 Jun 2023 | £2,125,749 | £2,100,000 | 32 KING HARRY LANE |
| 24 Feb 2023 | £2,023,638 | £2,025,000 | 2 ABBEY AVENUE |
| 5 Jan 2022 | £699,851 | £665,000 | 51 KING HARRY LANE |
| 30 Jun 2021 | £442,581 | £412,500 | 4 CATHEDRAL COURT KING HARRY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Kingsgate |
| Apr 2024 | Anti-social behaviour | On or near Spinneys Drive | |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Spinneys Drive |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Spinneys Drive |
| Mar 2024 | Anti-social behaviour | On or near King Harry Lane |