£362,899
This estimated value is based upon the latest sale price for the house of £65,000 on 3 Feb 1995. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near College Street
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Arquen House, 4-6 Spicer Street, St Albans, AL3 4PQ
Phone: 01727294657
| Price Paid | Date |
|---|---|
| £65,000 | 3 Feb 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 848 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 February 1995 the House Price Index for HERTFORDSHIRE was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 458.306%.Applying this 458.306% change to the original purchase price of £65,000 results in an estimated price of approximately £362,899.
| 3 Feb 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 458.306 % | £65,000 | £297,899 | £362,899 |
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 | 491.825 % | £319,685 | £384,685 |
| 3 Month Average | 485.454 % | £315,545 | £380,545 |
| 6 Month Average | 499.444 % | £324,638 | £389,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £829,514 | £815,000 | 21 VERULAM ROAD |
| 9 Nov 2023 | £324,809 | £320,000 | FLAT 2 ABBEY CHAMBERS, 11 - 13 VERULAM ROAD |
| 27 Jan 2023 | £315,514 | £317,000 | FLAT 5 THE OLD MEETING HOUSE, 11A LOWER DAGNALL STREET |
| 24 Oct 2022 | £1,241,631 | £1,255,000 | 5 COLLEGE STREET |
| 13 May 2022 | £448,450 | £440,000 | 22 BOWES LYON MEWS |
This house has a floor area of 78 sq meters or 848 sq feet when measured on 13 Aug 2009. Using an estimated price of £362,899 means this house is valued at £4,604 per sq meter (£427 per sq foot).
The average size of a house on VERULAM ROAD is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near College Street |
| Apr 2024 | Anti-social behaviour | On or near College Street | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bowes Lyon Mews |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near College Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |