£686,317
This estimated value is based upon the latest sale price for the house of £405,000 on 6 Aug 2010. 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 Mile House Close
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Fountain Court, 2 Victoria Square, St Albans, AL1 3TF
Phone: 01727294220
Price Paid | Date |
---|---|
£405,000 | 6 Aug 2010 |
Detached |
Freehold |
Floor Area: 79 sq meters or 853 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 August 2010 the House Price Index for HERTFORDSHIRE was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £405,000 results in an estimated price of approximately £686,317.
6 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.461 % | £405,000 | £281,317 | £686,317 |
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 | 98.053 % | £397,115 | £802,115 |
3 Month Average | 77.087 % | £312,203 | £717,203 |
6 Month Average | 67.809 % | £274,627 | £679,627 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2023 | £519,898 | £515,000 | 100 ABBOTS PARK |
10 Mar 2023 | £620,849 | £615,000 | 23 MILE HOUSE CLOSE |
20 Sep 2022 | £580,314 | £585,000 | 1A MILE HOUSE CLOSE |
12 Aug 2022 | £1,246,644 | £1,250,000 | 16A MILE HOUSE LANE |
25 Mar 2022 | £267,356 | £258,000 | 42 ABBOTS PARK |
This house has a floor area of 79 sq meters or 853 sq feet when measured on 20 Nov 2009. Using an estimated price of £686,317 means this house is valued at £8,651 per sq meter (£803 per sq foot).
The average size of a house on MILE HOUSE LANE is 166 sq meters (1,795 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (853 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Mile House Close |
Feb 2024 | Anti-social behaviour | On or near Mile House Close | |
Feb 2024 | Anti-social behaviour | On or near Mile House Close | |
Feb 2024 | Anti-social behaviour | On or near Mile House Close | |
Apr 2024 | Other theft | Under investigation | On or near New Barnes Avenue |