£894,751
This estimated value is based upon the latest sale price for the house of £720,000 on 12 Dec 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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The Ridgeway, St Albans, AL4 9NU
Phone: 01727294397
| Price Paid | Date |
|---|---|
| £720,000 | 12 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 December 2018 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £720,000 results in an estimated price of approximately £894,751.
| 12 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £720,000 | £174,751 | £894,751 |
The Postcode Pricing Model uses changes in average sales price within the AL4 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 | 40.617 % | £292,444 | £1,012,444 |
| 3 Month Average | 21.389 % | £154,003 | £874,003 |
| 6 Month Average | 8.580 % | £61,775 | £781,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £1,250,000 | £1,250,000 | 98 THE RIDGEWAY |
| 19 Mar 2024 | £736,313 | £725,000 | 82 THE RIDGEWAY |
| 25 Aug 2023 | £1,306,769 | £1,283,200 | 68 KINGSHILL AVENUE |
| 11 Aug 2023 | £990,871 | £973,000 | 66 PONDFIELD CRESCENT |
| 10 Feb 2023 | £825,514 | £820,000 | 7 DOWNES ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 29 Nov 2017. Using an estimated price of £894,752 means this house is valued at £10,651 per sq meter (£989 per sq foot).
The average size of a house on PONDFIELD CRESCENT is 116 sq meters (1,255 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Queens Crescent |
| Aug 2024 | Other crime | Under investigation | On or near Queens Crescent |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingshill Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Kingshill Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Kingshill Avenue |