8, EDISON CLOSE, ST. ALBANS, AL4 0DE - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 EDISON CLOSE is a detached house, which could now be worth an estimated £1,015,791. It was last sold for £415,000 in May 2003, which was around 17% below the average May 2003 detached price in the St Albans local authority area.

8 EDISON CLOSE Sold Prices

Land registry data shows two sales for 8 EDISON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. One of the two 8 EDISON CLOSE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 22 MAY	£415,000	£500,039	17% below HPI
1998 20 FEB	£270,000	£253,558	6% above HPI

What might 8 EDISON CLOSE be worth now?

8 EDISON CLOSE might now be worth an estimated £1,015,791.

This is based on house price inflation of 144.8%, between May 2003 and May 2026, for detached houses, in the St Albans local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 144.8% inflationary increase is applied to the most recent sale price for 8 EDISON CLOSE of £415,000 on 22nd May 2003. For the value to have increased from £415,000 to £1,015,791 over the 23 years to May 2026, the following assumptions must hold true:

• The value of 8 EDISON CLOSE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The May 2003 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 8 EDISON CLOSE has not materially changed since May 2003.

Where is 8 EDISON CLOSE?

8 EDISON CLOSE is located in ST. ALBANS, in the AL4 postcode district.