£887,623
This estimated value is based upon the latest sale price for the house of £715,000 on 19 Oct 2018. 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 |
|---|---|
| £715,000 | 19 Oct 2018 |
| £325,000 | 3 May 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 £715,000 results in an estimated price of approximately £887,623.
| 19 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £715,000 | £172,623 | £887,623 |
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 % | £335,650 | £1,050,650 |
| 3 Month Average | 7.491 % | £53,558 | £768,558 |
| 6 Month Average | 8.782 % | £62,791 | £777,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £2,342 | £2,295 | 7 RUNCIE CLOSE |
| 10 Feb 2023 | £825,514 | £820,000 | 7 DOWNES ROAD |
| 20 Jan 2023 | £458,224 | £457,000 | 17 RUNCIE CLOSE |
| 25 Mar 2022 | £412,354 | £395,000 | 4 FIELD CLOSE |
| 28 Jan 2022 | £355,166 | £335,000 | 24 RUNCIE CLOSE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 27 Mar 2018. Using an estimated price of £887,624 means this house is valued at £6,724 per sq meter (£624 per sq foot).
There is one other house on the street which we know the size of, this is 8 ORTON CLOSE it is 91.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Field Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Field Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Field Close |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Brecken Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Slimmons Drive |