£563,847
This estimated value is based upon the latest sale price for the house of £360,000 on 5 Oct 2007. 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 |
|---|---|
| £360,000 | 5 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 122 sq meters or 1,313 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 2007 the House Price Index for HERTFORDSHIRE was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £360,000 results in an estimated price of approximately £563,847.
| 5 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £360,000 | £203,847 | £563,847 |
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 | 18.674 % | £67,226 | £427,226 |
| 3 Month Average | 43.704 % | £157,336 | £517,336 |
| 6 Month Average | 62.718 % | £225,784 | £585,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £507,751 | £499,950 | 12 HERITAGE CLOSE |
| 15 Dec 2023 | £722,192 | £700,000 | 8 GEORGE STREET |
| 9 Nov 2023 | £328,334 | £320,000 | FLAT 2 ABBEY CHAMBERS, 11 - 13 VERULAM ROAD |
| 27 Jan 2023 | £317,849 | £317,000 | FLAT 5 THE OLD MEETING HOUSE, 11A LOWER DAGNALL STREET |
| 1 Aug 2022 | £20,094 | £20,000 | 19 GEORGE STREET |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 3 Feb 2015. Using an estimated price of £563,847 means this house is valued at £4,621 per sq meter (£429 per sq foot).
The average size of a house on GEORGE STREET is 107 sq meters (1,157 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near George Street | |
| Jul 2024 | Anti-social behaviour | On or near George Street | |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near George Street |
| Apr 2024 | Anti-social behaviour | On or near George Street | |
| Apr 2024 | Anti-social behaviour | On or near George Street |