£278,574
This estimated value is based upon the latest sale price for the house of £160,000 on 7 Dec 2009. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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2 High Street, St Albans, AL3 4EL
Phone: 01727294790
| Price Paid | Date |
|---|---|
| £160,000 | 7 Dec 2009 |
| £150,000 | 27 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2009 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £160,000 results in an estimated price of approximately £278,574.
| 7 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £160,000 | £118,574 | £278,574 |
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 | 78.441 % | £125,505 | £285,505 |
| 3 Month Average | 68.025 % | £108,839 | £268,839 |
| 6 Month Average | 70.433 % | £112,693 | £272,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £316,339 | £310,000 | FLAT 3 7A CHEQUER STREET |
| 2 Feb 2022 | £845,166 | £800,000 | 36 MARKET PLACE |
| 9 Aug 2021 | £480,456 | £427,500 | FLAT 6 7A CHEQUER STREET |
| 30 Jun 2021 | £562,051 | £520,000 | 34A MARKET PLACE |
| 30 Jun 2021 | £1,315,955 | £1,217,500 | SECOND AND THIRD FLOOR FLAT 11 ARTESIAN ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 28 Sep 2012. Using an estimated price of £278,574 means this house is valued at £5,685 per sq meter (£528 per sq foot).
The average size of a house on PUDDING LANE is 52 sq meters (561 sq feet).