£528,298
This estimated value is based upon the latest sale price for the house of £404,000 on 7 Oct 2016. 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 |
|---|---|
| £404,000 | 7 Oct 2016 |
| £250,000 | 16 May 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 October 2016 the House Price Index for HERTFORDSHIRE was 112.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.767%.Applying this 30.767% change to the original purchase price of £404,000 results in an estimated price of approximately £528,298.
| 7 Oct 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 146.7 | 30.767 % | £404,000 | £124,298 | £528,298 |
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 | 710.741 % | £2,871,392 | £3,275,392 |
| 3 Month Average | 8.173 % | £33,020 | £437,020 |
| 6 Month Average | 18.905 % | £76,377 | £480,377 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 8 Feb 2013.
There is one other house on the street which we know the size of, this is 10 WINGATE WAY it is 85.2
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Wingate Way |
| Feb 2024 | Anti-social behaviour | On or near Wingate Way | |
| Feb 2024 | Anti-social behaviour | On or near Wingate Way | |
| Feb 2024 | Anti-social behaviour | On or near Wingate Way | |
| Feb 2024 | Anti-social behaviour | On or near Wingate Way |