£1,062,195
This estimated value is based upon the latest sale price for the house of £700,000 on 9 Jun 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Fountain Court, 2 Victoria Square, St Albans, AL1 3TF
Phone: 01727294220
| Price Paid | Date |
|---|---|
| £700,000 | 9 Jun 2014 |
| £215,000 | 14 Nov 1997 |
| Detached |
| 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 June 2014 the House Price Index for HERTFORDSHIRE was 96.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 51.742%.Applying this 51.742% change to the original purchase price of £700,000 results in an estimated price of approximately £1,062,195.
| 9 Jun 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 146.7 | 51.742 % | £700,000 | £362,195 | £1,062,195 |
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 | 915.120 % | £6,405,837 | £7,105,837 |
| 3 Month Average | 52.296 % | £366,069 | £1,066,069 |
| 6 Month Average | 57.441 % | £402,084 | £1,102,084 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Ridgmont Road |
| Jan 2024 | Other crime | Under investigation | On or near Ridgmont Road |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Ridgmont Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lime Tree Place |
| Mar 2024 | Drugs | Under investigation | On or near Grosvenor Road |