£1,007,142
This estimated value is based upon the latest sale price for the house of £627,000 on 4 Apr 2007. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Lancaster Road
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The Ridgeway, St Albans, AL4 9NU
Phone: 01727294397
| Price Paid | Date |
|---|---|
| £627,000 | 4 Apr 2007 |
| £330,000 | 1 Sep 2000 |
| £95,000 | 17 Feb 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 £627,000 results in an estimated price of approximately £1,007,142.
| 4 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £627,000 | £380,142 | £1,007,142 |
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 % | £1,063,435 | £1,690,435 |
| 3 Month Average | 101.596 % | £637,005 | £1,264,005 |
| 6 Month Average | 95.947 % | £601,585 | £1,228,585 |
| 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 |
| 16 Aug 2022 | £1,495,973 | £1,500,000 | 114 LANCASTER ROAD |
| 28 Apr 2022 | £1,472,613 | £1,430,000 | 238 SANDRIDGE ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 9 Sep 2014. Using an estimated price of £1,007,142 means this house is valued at £7,245 per sq meter (£673 per sq foot).
The average size of a house on LANCASTER ROAD is 203 sq meters (2,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lancaster Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lancaster Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lancaster Road |