£242,429
This estimated value is based upon the latest sale price for the house of £240,000 on 22 Jul 2022. 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 |
|---|---|
| £240,000 | 22 Jul 2022 |
| £154,000 | 3 Dec 2010 |
| £128,000 | 31 Oct 2007 |
| £135,500 | 23 Apr 2004 |
| £67,000 | 17 Dec 1999 |
| £40,000 | 12 Apr 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 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 £240,000 results in an estimated price of approximately £242,429.
| 22 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £240,000 | £2,429 | £242,429 |
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 % | £127,622 | £367,622 |
| 3 Month Average | 6.290 % | £15,095 | £255,095 |
| 6 Month Average | 0.565 % | £1,355 | £241,355 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £397,205 | £385,000 | 107 HUGHENDEN ROAD |
| 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 |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 18 Aug 2021. Using an estimated price of £242,429 means this house is valued at £5,387 per sq meter (£500 per sq foot).
The average size of a house on THE RIDGEWAY is 108 sq meters (1,171 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Shopping Area |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shopping Area |
| Oct 2024 | Anti-social behaviour | On or near Hughenden Road | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Hughenden Road |
| Jul 2024 | Anti-social behaviour | On or near Hughenden Road |