£587,725
This estimated value is based upon the latest sale price for the house of £550,000 on 28 Jun 2021. 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 |
|---|---|
| £550,000 | 28 Jun 2021 |
| £420,000 | 2 Oct 2018 |
| £242,000 | 23 Jul 2003 |
| £98,000 | 4 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 615 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 June 2021 the House Price Index for HERTFORDSHIRE was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £550,000 results in an estimated price of approximately £587,725.
| 28 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £550,000 | £37,725 | £587,725 |
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 | 3.397 % | £18,683 | £568,683 |
| 3 Month Average | 1.592 % | £8,755 | £558,755 |
| 6 Month Average | 7.356 % | £40,456 | £590,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £881,680 | £865,000 | 33 CAMLET WAY |
| 17 Nov 2023 | £962,355 | £950,000 | 24 FRYTH MEAD |
| 28 Jun 2023 | £317,575 | £315,000 | 2 ST MICHAELS COURT FISHPOOL STREET |
| 4 Apr 2023 | £362,696 | £360,000 | 4 ST MICHAELS COURT FISHPOOL STREET |
| 6 Feb 2023 | £1,642,233 | £1,650,000 | 3 BLACKSMITHS LANE |
This house has a floor area of 57 sq meters or 615 sq feet when measured on 20 Oct 2010. Using an estimated price of £587,726 means this house is valued at £10,273 per sq meter (£954 per sq foot).
The average size of a house on BLACKSMITHS LANE is 67 sq meters (730 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blacksmith'S Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prae Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Prae Close |
| Apr 2024 | Anti-social behaviour | On or near Kingsbury Mews | |
| Feb 2024 | Drugs | Local resolution | On or near Kingsbury Mews |