£370,692
This estimated value is based upon the latest sale price for the house of £215,000 on 22 Dec 2010. 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 |
|---|---|
| £215,000 | 22 Dec 2010 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2010 the House Price Index for HERTFORDSHIRE was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £215,000 results in an estimated price of approximately £370,692.
| 22 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 149.7 | 72.415 % | £215,000 | £155,692 | £370,692 |
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 | 113.388 % | £243,784 | £458,784 |
| 3 Month Average | 87.908 % | £189,002 | £404,002 |
| 6 Month Average | 71.880 % | £154,542 | £369,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £567,436 | £550,000 | 41 CANBERRA CLOSE |
| 23 Oct 2023 | £486,039 | £475,000 | 6 HOBART WALK |
| 15 Aug 2023 | £483,724 | £475,000 | 20 HOBART WALK |
| 28 Nov 2022 | £408,092 | £410,000 | 18 MELBOURNE CLOSE |
| 12 Aug 2022 | £442,067 | £440,000 | 47 CANBERRA CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 8 Jun 2010. Using an estimated price of £370,692 means this house is valued at £5,009 per sq meter (£465 per sq foot).
The average size of a house on MELBOURNE CLOSE is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Melbourne Close | |
| Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near Canberra Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Canberra Close |
| Aug 2024 | Drugs | Offender given a caution | On or near Valley Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Firbank Road |