£273,114
This estimated value is based upon the latest sale price for the house of £220,000 on 1 Oct 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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61 The Quadrant, St. Albans, AL4 9RF
Phone: 01727294786
| Price Paid | Date |
|---|---|
| £220,000 | 1 Oct 2018 |
| £59,950 | 9 Jul 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 2018 the House Price Index for HERTFORDSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £220,000 results in an estimated price of approximately £273,114.
| 1 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £220,000 | £53,114 | £273,114 |
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 | 46.944 % | £103,277 | £323,277 |
| 3 Month Average | 7.491 % | £16,479 | £236,479 |
| 6 Month Average | 8.782 % | £19,320 | £239,320 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2023 | £439,337 | £432,000 | 293 THE RIDGEWAY |
| 15 Jul 2022 | £373,997 | £370,250 | 278 THE RIDGEWAY |
| 30 Jun 2022 | £393,920 | £385,500 | 263 THE RIDGEWAY |
| 6 Jun 2022 | £367,863 | £360,000 | 285 THE RIDGEWAY |
| 14 Apr 2022 | £300,852 | £290,000 | 282 THE RIDGEWAY |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 1 Jun 2010. Using an estimated price of £273,115 means this house is valued at £6,827 per sq meter (£634 per sq foot).
The average size of a house on THE RIDGEWAY is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Jodies Court |
| Oct 2024 | Drugs | Under investigation | On or near Jodies Court |
| Oct 2024 | Drugs | Under investigation | On or near Jodies Court |
| Aug 2024 | Anti-social behaviour | On or near Jodies Court | |
| Aug 2024 | Anti-social behaviour | On or near Jodies Court |