£778,766
This estimated value is based upon the latest sale price for the house of £500,000 on 30 May 2014. 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 | 30 May 2014 |
Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 May 2014 the House Price Index for HERTFORDSHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £500,000 results in an estimated price of approximately £778,766.
30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £500,000 | £278,766 | £778,766 |
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 | -6.445 % | £-32,227 | £467,772 |
3 Month Average | 18.986 % | £94,931 | £594,931 |
6 Month Average | 34.138 % | £170,692 | £670,692 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £256,511 | £250,000 | 35 CASSIUS DRIVE |
30 Oct 2023 | £888,172 | £868,000 | 86 MORTIMER CRESCENT |
12 Jun 2023 | £2,142,945 | £2,100,000 | 32 KING HARRY LANE |
24 Feb 2023 | £2,038,618 | £2,025,000 | 2 ABBEY AVENUE |
5 Jan 2022 | £705,032 | £665,000 | 51 KING HARRY LANE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 1 Apr 2014. Using an estimated price of £778,767 means this house is valued at £8,557 per sq meter (£795 per sq foot).
The average size of a house on MORTIMER CRESCENT is 144 sq meters (1,554 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Kingsgate |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingsgate |
Jul 2024 | Anti-social behaviour | On or near Spinneys Drive | |
Jul 2024 | Anti-social behaviour | On or near Spinneys Drive | |
Jun 2024 | Anti-social behaviour | On or near Spinneys Drive |