£426,713
This estimated value is based upon the latest sale price for the house of £340,000 on 12 Jan 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Fountain Court, 2 Victoria Square, St Albans, AL1 3TF
Phone: 01727294220
| Price Paid | Date |
|---|---|
| £340,000 | 12 Jan 2018 |
| £249,950 | 29 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 679 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 January 2018 the House Price Index for HERTFORDSHIRE was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £340,000 results in an estimated price of approximately £426,713.
| 12 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £340,000 | £86,713 | £426,713 |
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 | 753.845 % | £2,563,074 | £2,903,074 |
| 3 Month Average | 15.771 % | £53,622 | £393,622 |
| 6 Month Average | 21.207 % | £72,104 | £412,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £504,413 | £500,000 | 163 HATFIELD ROAD |
| 27 Jul 2023 | £1,079,529 | £1,065,000 | 8 SANDFIELD ROAD |
| 25 Jul 2023 | £1,023,779 | £1,010,000 | 12 GLENFERRIE ROAD |
| 30 Jun 2023 | £784,503 | £775,000 | 27 SANDFIELD ROAD |
| 13 May 2022 | £311,877 | £306,000 | FLAT 6 RICHMOND HOUSE HATFIELD ROAD |
This house has a floor area of 63 sq meters or 679 sq feet when measured on 15 Nov 2011. Using an estimated price of £426,714 means this house is valued at £6,761 per sq meter (£628 per sq foot).
The average size of a house on HATFIELD ROAD is 60 sq meters (646 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Luna Place |
| Feb 2024 | Anti-social behaviour | On or near Luna Place | |
| Feb 2024 | Anti-social behaviour | On or near Luna Place | |
| Feb 2024 | Burglary | Under investigation | On or near Glenferrie Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenferrie Road |