£310,602
This estimated value is based upon the latest sale price for the house of £305,000 on 16 Aug 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Third Floor St. Peters House 45 Victoria Street, St Albans, AL1 3HZ
Phone: 01727294874
Price Paid | Date |
---|---|
£305,000 | 16 Aug 2023 |
£366,000 | 23 Mar 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 2023 the House Price Index for HERTFORDSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £305,000 results in an estimated price of approximately £310,602.
16 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £305,000 | £5,602 | £310,602 |
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 | 15.199 % | £46,357 | £351,357 |
3 Month Average | 8.498 % | £25,918 | £330,918 |
6 Month Average | 4.096 % | £12,493 | £317,493 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £380,851 | £375,000 | FLAT 12 SAXON HOUSE, 2 UPPER MARLBOROUGH ROAD |
18 Aug 2023 | £509,184 | £500,000 | 61 MILLINERS COURT |
17 Aug 2023 | £397,163 | £390,000 | FLAT 5 SAXON HOUSE, 2 UPPER MARLBOROUGH ROAD |
16 Aug 2023 | £310,602 | £305,000 | 8 KING HOUSE, 55 VICTORIA STREET |
10 Feb 2023 | £483,228 | £480,000 | 30 MARLBOROUGH ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 12 Jan 2017. Using an estimated price of £310,602 means this house is valued at £5,647 per sq meter (£524 per sq foot).
The average size of a house on VICTORIA STREET is 71 sq meters (772 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Liverpool Road |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Liverpool Road |
Sep 2024 | Anti-social behaviour | On or near Marlborough Road | |
Sep 2024 | Anti-social behaviour | On or near Marlborough Road | |
Aug 2024 | Anti-social behaviour | On or near Marlborough Road |