£245,480
This estimated value is based upon the latest sale price for the house of £141,950 on 31 Aug 2006. 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 |
|---|---|
| £141,950 | 31 Aug 2006 |
| £48,000 | 1 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 493 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 August 2006 the House Price Index for HERTFORDSHIRE was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.934%.Applying this 72.934% change to the original purchase price of £141,950 results in an estimated price of approximately £245,480.
| 31 Aug 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.934 % | £141,950 | £103,530 | £245,480 |
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 | 176.516 % | £250,564 | £392,514 |
| 3 Month Average | 119.183 % | £169,179 | £311,129 |
| 6 Month Average | 110.253 % | £156,503 | £298,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jan 2023 | £376,005 | £375,000 | 128 HUGHENDEN ROAD |
| 26 Jul 2022 | £378,796 | £375,000 | 481 THE RIDGEWAY |
| 22 Jul 2022 | £242,429 | £240,000 | 461 THE RIDGEWAY |
| 15 Jul 2022 | £373,997 | £370,250 | 278 THE RIDGEWAY |
| 12 Jul 2022 | £424,251 | £420,000 | 485 THE RIDGEWAY |
This house has a floor area of 45 sq meters or 493 sq feet when measured on 1 Dec 2009. Using an estimated price of £245,480 means this house is valued at £5,349 per sq meter (£496 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 |