£1,134,602
This estimated value is based upon the latest sale price for the house of £900,000 on 20 Nov 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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St Albans, AL3 4TQ
Phone: 01727294481
Price Paid | Date |
---|---|
£900,000 | 20 Nov 2017 |
Semi-Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 November 2017 the House Price Index for HERTFORDSHIRE was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £900,000 results in an estimated price of approximately £1,134,602.
20 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £900,000 | £234,602 | £1,134,602 |
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 | 8.385 % | £75,468 | £975,468 |
3 Month Average | 10.913 % | £98,218 | £998,218 |
6 Month Average | 9.442 % | £84,978 | £984,978 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £964,276 | £950,000 | 24 FRYTH MEAD |
30 Mar 2023 | £575,421 | £570,000 | 107 BATCHWOOD DRIVE |
17 Feb 2023 | £600,396 | £600,800 | 114B LADIES GROVE |
6 Feb 2023 | £1,648,890 | £1,650,000 | 3 BLACKSMITHS LANE |
20 Jan 2023 | £969,433 | £974,000 | 3 PRAE CLOSE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 25 Apr 2017. Using an estimated price of £1,134,602 means this house is valued at £10,221 per sq meter (£949 per sq foot).
The average size of a house on REDBOURN ROAD is 174 sq meters (1,874 sq feet).