£581,010
This estimated value is based upon the latest sale price for the house of £475,000 on 29 May 2020. 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 |
---|---|
£475,000 | 29 May 2020 |
£425,000 | 19 Sep 2017 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 May 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £475,000 results in an estimated price of approximately £581,010.
29 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.318 % | £475,000 | £106,010 | £581,010 |
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 | 29.773 % | £141,419 | £616,419 |
3 Month Average | 11.323 % | £53,783 | £528,783 |
6 Month Average | -5.608 % | £-26,637 | £448,362 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £630,000 | £630,000 | 9 FOLLY AVENUE |
21 Aug 2023 | £279,445 | £277,000 | 4 FOLLY COURT FOLLY AVENUE |
24 Mar 2023 | £585,516 | £580,000 | 9 ASHWELL STREET |
23 Feb 2023 | £252,830 | £253,000 | 3 FOLLY COURT FOLLY AVENUE |
16 Aug 2022 | £889,605 | £892,000 | 15 FOLLY AVENUE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 7 Jan 2013. Using an estimated price of £581,011 means this house is valued at £9,847 per sq meter (£914 per sq foot).
The average size of a house on NORMANDY ROAD is 95 sq meters (1,029 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Under investigation | On or near West View Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gombards |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bernard Street |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bernard Street |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bernard Street |