£589,648
This estimated value is based upon the latest sale price for the house of £477,500 on 14 Sep 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
Arquen House, 4-6 Spicer Street, St Albans, AL3 4PQ
Phone: 01727294657
| Price Paid | Date |
|---|---|
| £477,500 | 14 Sep 2018 |
| £358,000 | 28 Nov 2014 |
| £320,000 | 24 May 2013 |
| £220,000 | 7 Nov 2005 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 441 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 September 2018 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £477,500 results in an estimated price of approximately £589,648.
| 14 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £477,500 | £112,148 | £589,648 |
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 | -3.910 % | £-18,671 | £458,828 |
| 3 Month Average | 9.853 % | £47,046 | £524,546 |
| 6 Month Average | 5.835 % | £27,860 | £505,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £514,501 | £510,000 | 16 ORCHARD STREET |
| 10 Aug 2023 | £569,986 | £565,000 | 12 ORCHARD STREET |
| 1 Jun 2023 | £2,328,202 | £2,300,000 | 4 ABBEY MILL END |
| 10 Mar 2023 | £393,709 | £390,000 | FLAT 11 YORK HOUSE ABBEY MILL LANE |
| 27 Feb 2023 | £439,704 | £440,000 | 7A WELCLOSE STREET |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 15 Mar 2013. Using an estimated price of £589,648 means this house is valued at £14,381 per sq meter (£1,336 per sq foot).
The average size of a house on ABBEY MILL LANE is 85 sq meters (915 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (441 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Abbey Mill Lane | |
| Feb 2024 | Anti-social behaviour | On or near Abbey Mill Lane | |
| Feb 2024 | Anti-social behaviour | On or near Abbey Mill Lane | |
| Feb 2024 | Anti-social behaviour | On or near Abbey Mill Lane | |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Abbey Mill Lane |