£741,789
This estimated value is based upon the latest sale price for the house of £465,000 on 14 Feb 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 |
---|---|
£465,000 | 14 Feb 2014 |
£290,000 | 5 May 2006 |
Flats/Maisonettes |
Freehold |
Floor Area: 76 sq meters or 828 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 2014 the House Price Index for HERTFORDSHIRE was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £465,000 results in an estimated price of approximately £741,789.
14 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 149.7 | 59.525 % | £465,000 | £276,789 | £741,789 |
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 | 1.620 % | £7,532 | £472,532 |
3 Month Average | 19.307 % | £89,779 | £554,779 |
6 Month Average | 34.675 % | £161,240 | £626,240 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £639,830 | £630,000 | 9 FOLLY AVENUE |
21 Aug 2023 | £282,088 | £277,000 | 4 FOLLY COURT FOLLY AVENUE |
18 Aug 2023 | £534,643 | £525,000 | 5 ASHWELL STREET |
24 Mar 2023 | £589,851 | £580,000 | 9 ASHWELL STREET |
8 Mar 2023 | £855,283 | £841,000 | 3 NORMANDY TERRACE NORMANDY ROAD |
This house has a floor area of 76 sq meters or 828 sq feet when measured on 2 Dec 2011. Using an estimated price of £741,790 means this house is valued at £9,636 per sq meter (£895 per sq foot).
The average size of a house on FOLLY AVENUE is 90 sq meters (978 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Cannon Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Century Close |
Jul 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Apr 2024 | Anti-social behaviour | On or near Dickens Close |