£630,968
This estimated value is based upon the latest sale price for the house of £625,000 on 28 Jul 2023. 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 |
|---|---|
| £625,000 | 28 Jul 2023 |
| £565,000 | 18 Jun 2021 |
| £435,000 | 27 Nov 2015 |
| £308,000 | 12 Oct 2007 |
| £126,000 | 22 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 July 2023 the House Price Index for HERTFORDSHIRE was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £625,000 results in an estimated price of approximately £630,968.
| 28 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £625,000 | £5,968 | £630,968 |
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 | -17.022 % | £-106,388 | £518,611 |
| 3 Month Average | -14.593 % | £-91,203 | £533,796 |
| 6 Month Average | -10.116 % | £-63,223 | £561,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £556,881 | £555,000 | 5 OSTER STREET |
| 28 Jul 2023 | £630,969 | £625,000 | 34 FOLLY LANE |
| 25 Jul 2023 | £565,348 | £560,000 | 24 OSTER STREET |
| 16 Jun 2023 | £529,292 | £525,000 | 9 OSTER STREET |
| 15 Feb 2023 | £691,728 | £695,000 | 43 CANNON STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 20 Apr 2015. Using an estimated price of £630,969 means this house is valued at £7,986 per sq meter (£742 per sq foot).
The average size of a house on FOLLY LANE is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Oster Street | |
| Feb 2024 | Drugs | Under investigation | On or near West View Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Church Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Church Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Church Crescent |