£361,153
This estimated value is based upon the latest sale price for the house of £230,000 on 11 Jan 2008. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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7 Market Place, St Albans, AL3 5DR
Phone: 01727294789
| Price Paid | Date |
|---|---|
| £230,000 | 11 Jan 2008 |
| Detached |
| Freehold |
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 January 2008 the House Price Index for HERTFORDSHIRE was 95.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.023%.Applying this 57.023% change to the original purchase price of £230,000 results in an estimated price of approximately £361,153.
| 11 Jan 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 149.7 | 57.023 % | £230,000 | £131,153 | £361,153 |
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 | 25.928 % | £59,634 | £289,634 |
| 3 Month Average | 39.952 % | £91,890 | £321,890 |
| 6 Month Average | 59.930 % | £137,839 | £367,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £840,837 | £815,000 | 21 VERULAM ROAD |
| 9 Nov 2023 | £328,334 | £320,000 | FLAT 2 ABBEY CHAMBERS, 11 - 13 VERULAM ROAD |
| 2 Oct 2023 | £370,924 | £362,500 | 16 LOWER DAGNALL STREET |
| 28 Sep 2023 | £874,273 | £855,000 | 14 SELBY AVENUE |
| 13 Jun 2023 | £459,202 | £450,000 | 22 SPENCER STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Spencer Street |
| Jul 2024 | Shoplifting | Under investigation | On or near Spencer Street |
| Jul 2024 | Shoplifting | Under investigation | On or near Spencer Street |
| Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near Spencer Street |
| Jul 2024 | Shoplifting | Under investigation | On or near Spencer Street |