£1,212,145
This estimated value is based upon the latest sale price for the house of £1,200,000 on 25 Jul 2022. 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 |
---|---|
£1,200,000 | 25 Jul 2022 |
£160,000 | 29 Jan 1999 |
Terraced |
Freehold |
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 July 2022 the House Price Index for HERTFORDSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,212,145.
25 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 149.7 | 1.012 % | £1,200,000 | £12,145 | £1,212,145 |
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 | 53.176 % | £638,110 | £1,838,110 |
3 Month Average | 6.290 % | £75,475 | £1,275,475 |
6 Month Average | 0.565 % | £6,779 | £1,206,779 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Sep 2024 | £1,250,000 | £1,250,000 | 98 THE RIDGEWAY |
7 Jun 2024 | £860,000 | £860,000 | 91 THE RIDGEWAY |
19 Mar 2024 | £736,313 | £725,000 | 82 THE RIDGEWAY |
11 Aug 2023 | £990,871 | £973,000 | 66 PONDFIELD CRESCENT |
10 Feb 2023 | £825,514 | £820,000 | 7 DOWNES ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Under investigation | On or near Queens Crescent |
Aug 2024 | Other crime | Under investigation | On or near Queens Crescent |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingshill Avenue |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Kingshill Avenue |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Kingshill Avenue |