£980,997
This estimated value is based upon the latest sale price for the house of £630,000 on 24 Apr 2014. 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 |
|---|---|
| £630,000 | 24 Apr 2014 |
| £345,000 | 20 Apr 2006 |
| £158,000 | 28 May 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 April 2014 the House Price Index for HERTFORDSHIRE was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £630,000 results in an estimated price of approximately £980,997.
| 24 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £630,000 | £350,997 | £980,997 |
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 | 35.960 % | £226,549 | £856,549 |
| 3 Month Average | 33.721 % | £212,440 | £842,440 |
| 6 Month Average | 33.610 % | £211,743 | £841,743 |
| 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 |
| 3 May 2022 | £499,410 | £490,000 | FLAT 2 15 VERULAM ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 19 Sep 2013. Using an estimated price of £980,998 means this house is valued at £7,057 per sq meter (£655 per sq foot).
The average size of a house on VERULAM ROAD is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Bowes Lyon Mews |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spencer Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Spencer Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Spencer Street |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Spencer Street |