£938,497
This estimated value is based upon the latest sale price for the house of £760,000 on 14 Sep 2018. 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 |
|---|---|
| £760,000 | 14 Sep 2018 |
| £210,000 | 30 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 2018 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £760,000 results in an estimated price of approximately £938,497.
| 14 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £760,000 | £178,497 | £938,497 |
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 | 0.970 % | £7,375 | £767,375 |
| 3 Month Average | 2.494 % | £18,954 | £778,954 |
| 6 Month Average | 12.580 % | £95,608 | £855,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £408,650 | £401,500 | 9 THE LAWNS |
| 24 Nov 2023 | £740,970 | £730,000 | 168 FOLLY LANE |
| 24 Mar 2023 | £418,947 | £415,000 | 20 THE LAWNS |
| 17 Mar 2023 | £716,753 | £710,000 | 21 GONNERSTON |
| 18 Jan 2023 | £910,710 | £915,000 | 10 GONNERSTON |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 23 Mar 2018. Using an estimated price of £938,498 means this house is valued at £7,630 per sq meter (£708 per sq foot).
The average size of a house on FOLLY LANE is 98 sq meters (1,055 sq feet).
This house is the largest in the street with a floor area of 123 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Wells Close |
| Apr 2024 | Possession of weapons | Under investigation | On or near Oysterfields |
| Apr 2024 | Drugs | Under investigation | On or near Oysterfields |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oysterfields |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Branch Road |