£498,129
This estimated value is based upon the latest sale price for the house of £475,000 on 15 Feb 2022. 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 |
---|---|
£475,000 | 15 Feb 2022 |
£274,500 | 17 Dec 2004 |
£249,000 | 28 Oct 2002 |
£142,000 | 31 Mar 1999 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 2022 the House Price Index for HERTFORDSHIRE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £475,000 results in an estimated price of approximately £498,129.
15 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £475,000 | £23,129 | £498,129 |
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 | 1.361 % | £6,463 | £481,463 |
3 Month Average | 17.355 % | £82,434 | £557,434 |
6 Month Average | 0.623 % | £2,961 | £477,961 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £829,514 | £815,000 | 21 VERULAM ROAD |
9 Nov 2023 | £324,809 | £320,000 | FLAT 2 ABBEY CHAMBERS, 11 - 13 VERULAM ROAD |
27 Jan 2023 | £315,514 | £317,000 | FLAT 5 THE OLD MEETING HOUSE, 11A LOWER DAGNALL STREET |
24 Oct 2022 | £1,241,631 | £1,255,000 | 5 COLLEGE STREET |
13 May 2022 | £448,450 | £440,000 | 22 BOWES LYON MEWS |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 Feb 2020. Using an estimated price of £498,130 means this house is valued at £7,015 per sq meter (£651 per sq foot).
The average size of a house on LOWER DAGNALL STREET is 78 sq meters (843 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bowes Lyon Mews |
Apr 2024 | Anti-social behaviour | On or near College Street | |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near College Street |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near College Street |
Mar 2024 | Drugs | Offender given a caution | On or near Spicer Street |