£1,300,111
This estimated value is based upon the latest sale price for the house of £1,175,000 on 26 Oct 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Arquen House, 4-6 Spicer Street, St Albans, AL3 4PQ
Phone: 01727294657
| Price Paid | Date |
|---|---|
| £1,175,000 | 26 Oct 2021 |
| £530,000 | 11 May 2012 |
| £452,000 | 2 Feb 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2021 the House Price Index for HERTFORDSHIRE was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £1,175,000 results in an estimated price of approximately £1,300,111.
| 26 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £1,175,000 | £125,111 | £1,300,111 |
The Postcode Pricing Model uses changes in average sales price within the AL3 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 | -20.193 % | £-237,265 | £937,734 |
| 3 Month Average | -0.320 % | £-3,760 | £1,171,239 |
| 6 Month Average | -5.825 % | £-68,441 | £1,106,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £1,406,429 | £1,387,500 | 4A VER ROAD |
| 27 Feb 2023 | £439,704 | £440,000 | 7A WELCLOSE STREET |
| 22 Jul 2022 | £609,641 | £608,000 | 112 FISHPOOL STREET |
| 20 May 2022 | £647,195 | £635,000 | 11 WELCLOSE STREET |
| 11 Feb 2022 | £1,001,503 | £955,000 | 20 ABBEY VIEW ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 14 Aug 2021. Using an estimated price of £1,300,112 means this house is valued at £10,925 per sq meter (£1,014 per sq foot).
The average size of a house on VER ROAD is 133 sq meters (1,436 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ver Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Offa Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tankerfield Place |
| Mar 2024 | Other theft | Under investigation | On or near Romeland |
| Mar 2024 | Anti-social behaviour | On or near Romeland |