£2,554,346
This estimated value is based upon the latest sale price for the house of £585,000 on 21 Jul 1999. 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 Wells Close
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St Albans, AL3 4TQ
Phone: 01727294481
| Price Paid | Date |
|---|---|
| £585,000 | 21 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 304 sq meters or 3,272 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 July 1999 the House Price Index for HERTFORDSHIRE was 34.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 336.640%.Applying this 336.640% change to the original purchase price of £585,000 results in an estimated price of approximately £2,554,346.
| 21 Jul 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 149.7 | 336.640 % | £585,000 | £1,969,346 | £2,554,346 |
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 | 177.327 % | £1,037,361 | £1,622,361 |
| 3 Month Average | 247.772 % | £1,449,466 | £2,034,466 |
| 6 Month Average | 307.977 % | £1,801,662 | £2,386,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £414,228 | £401,500 | 9 THE LAWNS |
| 24 Nov 2023 | £749,013 | £730,000 | 168 FOLLY LANE |
| 24 Mar 2023 | £422,048 | £415,000 | 20 THE LAWNS |
| 17 Mar 2023 | £722,058 | £710,000 | 21 GONNERSTON |
| 18 Jan 2023 | £917,451 | £915,000 | 10 GONNERSTON |
This house has a floor area of 304 sq meters or 3,272 sq feet when measured on 5 Apr 2018. Using an estimated price of £2,554,347 means this house is valued at £8,402 per sq meter (£780 per sq foot).
The average size of a house on VERULAM ROAD is 113 sq meters (1,218 sq feet).
This house is the largest in the street with a floor area of 304 sq meters (3,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Wells Close |
| Jun 2024 | Anti-social behaviour | On or near Wells Close | |
| Jun 2024 | Anti-social behaviour | On or near Wells Close | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wells Close |
| Jul 2024 | Drugs | Under investigation | On or near Kingsbury Avenue |