£900,332
This estimated value is based upon the latest sale price for the house of £620,000 on 25 Jun 2015. 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 Midway
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St Albans, AL3 4TQ
Phone: 01727294481
| Price Paid | Date |
|---|---|
| £620,000 | 25 Jun 2015 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2015 the House Price Index for HERTFORDSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £620,000 results in an estimated price of approximately £900,332.
| 25 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £620,000 | £280,332 | £900,332 |
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 | 56.670 % | £351,353 | £971,353 |
| 3 Month Average | 34.873 % | £216,212 | £836,212 |
| 6 Month Average | 35.549 % | £220,405 | £840,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £317,780 | £315,000 | 58 MIDWAY |
| 13 Apr 2023 | £1,314,150 | £1,300,000 | 35 MIDWAY |
| 12 May 2022 | £759,307 | £745,000 | 33 WESTFIELDS |
| 28 Apr 2022 | £1,029,799 | £1,000,000 | 49 MIDWAY |
| 14 Apr 2022 | £1,312,994 | £1,275,000 | 50 MIDWAY |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 26 May 2015. Using an estimated price of £900,333 means this house is valued at £8,336 per sq meter (£774 per sq foot).
The average size of a house on NETHERWAY is 130 sq meters (1,400 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Midway |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Corder Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfields |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Westfields |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Westfields |