£531,494
This estimated value is based upon the latest sale price for the house of £410,000 on 5 May 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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58 St Peters Street, St Albans, AL1 3HG
Phone: 01727294479
| Price Paid | Date |
|---|---|
| £410,000 | 5 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2017 the House Price Index for HERTFORDSHIRE was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £410,000 results in an estimated price of approximately £531,494.
| 5 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £410,000 | £121,494 | £531,494 |
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 | -4.613 % | £-18,912 | £391,087 |
| 3 Month Average | 2.972 % | £12,184 | £422,184 |
| 6 Month Average | 14.503 % | £59,463 | £469,463 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £938,831 | £915,000 | 124 GREEN LANE |
| 13 Nov 2023 | £1,026,045 | £1,000,000 | 110 GREEN LANE |
| 27 Jun 2023 | £612,270 | £600,000 | 8 PARTRIDGE ROAD |
| 13 Sep 2022 | £429,713 | £430,000 | 32 PARTRIDGE ROAD |
| 19 Aug 2022 | £853,993 | £850,000 | 122 GREEN LANE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 17 Sep 2015. Using an estimated price of £531,495 means this house is valued at £5,594 per sq meter (£519 per sq foot).
The average size of a house on NICHOLAS CLOSE is 110 sq meters (1,189 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Nicholas Close | |
| Jul 2024 | Other theft | Under investigation | On or near Nicholas Close |
| Jul 2024 | Anti-social behaviour | On or near Nicholas Close | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nicholas Close |
| Jun 2024 | Public order | Under investigation | On or near Nicholas Close |