£490,254
This estimated value is based upon the latest sale price for the house of £386,000 on 24 Aug 2017. 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 Bakers Close
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Fountain Court, 2 Victoria Square, St Albans, AL1 3TF
Phone: 01727294220
| Price Paid | Date |
|---|---|
| £386,000 | 24 Aug 2017 |
| £244,995 | 10 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2017 the House Price Index for HERTFORDSHIRE was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £386,000 results in an estimated price of approximately £490,254.
| 24 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £386,000 | £104,254 | £490,254 |
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 | 33.360 % | £128,768 | £514,768 |
| 3 Month Average | 16.555 % | £63,903 | £449,903 |
| 6 Month Average | 12.422 % | £47,950 | £433,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £374,274 | £371,000 | FLAT 10 MISTRAL COURT BAKERS CLOSE |
| 25 Aug 2023 | £302,648 | £300,000 | FLAT 4 MISTRAL COURT BAKERS CLOSE |
| 25 Aug 2023 | £322,824 | £320,000 | 44 GATCOMBE COURT DEXTER CLOSE |
| 13 Jul 2023 | £359,843 | £355,000 | 27 GATCOMBE COURT DEXTER CLOSE |
| 19 Aug 2022 | £366,015 | £367,000 | FLAT 6 CLEMENT COURT BAKERS CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 16 Jul 2013. Using an estimated price of £490,254 means this house is valued at £8,600 per sq meter (£799 per sq foot).
The average size of a house on BAKERS CLOSE is 71 sq meters (765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bakers Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bakers Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dexter Close |
| Jan 2024 | Anti-social behaviour | On or near Dexter Close | |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Dexter Close |