£610,441
This estimated value is based upon the latest sale price for the house of £410,000 on 17 Feb 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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38 Chequer Street, St Albans, AL1 3YH
Phone: 01727809085
| Price Paid | Date |
|---|---|
| £410,000 | 17 Feb 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 February 2015 the House Price Index for HERTFORDSHIRE was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £410,000 results in an estimated price of approximately £610,441.
| 17 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £410,000 | £200,441 | £610,441 |
The Postcode Pricing Model uses changes in average sales price within the AL1 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 | 19.734 % | £80,910 | £490,910 |
| 3 Month Average | 39.378 % | £161,449 | £571,449 |
| 6 Month Average | 34.875 % | £142,989 | £552,989 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £1,644,575 | £1,644,575 | 41 - 43 ST PETERS STREET |
| 22 Dec 2023 | £87,695 | £85,000 | CITY GATE, 17 VICTORIA STREET |
| 19 Dec 2023 | £355,937 | £345,000 | 4 WESTBOURNE MEWS |
| 20 Sep 2023 | £186,614 | £182,500 | FLAT 4 FORRESTER HOUSE ST PETERS STREET |
| 3 Feb 2023 | £339,266 | £337,000 | 4 ART SCHOOL YARD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 9 Oct 2014. Using an estimated price of £610,442 means this house is valued at £7,826 per sq meter (£727 per sq foot).
The average size of a house on VICTORIA STREET is 71 sq meters (772 sq feet).