£2,328,201
This estimated value is based upon the latest sale price for the house of £2,300,000 on 1 Jun 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 |
|---|---|
| £2,300,000 | 1 Jun 2023 |
| Freehold |
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 June 2023 the House Price Index for HERTFORDSHIRE was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £2,300,000 results in an estimated price of approximately £2,328,201.
| 1 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £2,300,000 | £28,201 | £2,328,201 |
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 | -62.875 % | £-1,446,120 | £853,879 |
| 3 Month Average | -4.540 % | £-104,420 | £2,195,579 |
| 6 Month Average | -14.897 % | £-342,621 | £1,957,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £485,204 | £479,000 | 49 WESTMINSTER COURT |
| 23 Aug 2023 | £514,501 | £510,000 | 16 ORCHARD STREET |
| 10 Aug 2023 | £569,986 | £565,000 | 12 ORCHARD STREET |
| 13 Jun 2023 | £296,593 | £293,000 | 38 WESTMINSTER COURT |
| 1 Jun 2023 | £2,328,202 | £2,300,000 | 4 ABBEY MILL END |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Abbey Mill End |
| Feb 2024 | Anti-social behaviour | On or near Abbey Mill Lane | |
| Feb 2024 | Anti-social behaviour | On or near Abbey Mill Lane | |
| Feb 2024 | Anti-social behaviour | On or near Abbey Mill Lane | |
| Feb 2024 | Anti-social behaviour | On or near Abbey Mill Lane |