£1,477,459
This estimated value is based upon the latest sale price for the house of £925,000 on 31 Jan 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 |
|---|---|
| £925,000 | 31 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 January 2014 the House Price Index for HERTFORDSHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £925,000 results in an estimated price of approximately £1,477,459.
| 31 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £925,000 | £552,459 | £1,477,459 |
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 | 32.038 % | £296,349 | £1,221,349 |
| 3 Month Average | 37.321 % | £345,214 | £1,270,214 |
| 6 Month Average | 25.264 % | £233,695 | £1,158,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £712,466 | £700,000 | 8 GEORGE STREET |
| 27 Jul 2023 | £4,561,391 | £4,500,000 | ROMELAND HOUSE ROMELAND HILL |
| 16 Jun 2023 | £536,499 | £530,000 | 4 TANKERFIELD PLACE |
| 1 Jun 2023 | £582,050 | £575,000 | 3 QUEEN STREET |
| 1 Aug 2022 | £19,946 | £20,000 | 19 GEORGE STREET |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 7 Aug 2013. Using an estimated price of £1,477,459 means this house is valued at £8,491 per sq meter (£788 per sq foot).
There is one other house on the street which we know the size of, this is 2 ROMELAND it is 69.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Romeland | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Romeland |
| Mar 2024 | Other theft | Under investigation | On or near Romeland |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tankerfield Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near George Street |