£550,554
This estimated value is based upon the latest sale price for the house of £555,000 on 2 Sep 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 |
---|---|
£555,000 | 2 Sep 2022 |
£485,000 | 4 May 2018 |
£475,000 | 19 Jun 2015 |
£316,500 | 15 Jul 2011 |
£320,000 | 22 Feb 2008 |
£250,000 | 29 Sep 2005 |
£155,000 | 12 Nov 1999 |
Terraced |
Freehold |
Floor Area: 50 sq meters or 538 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 September 2022 the House Price Index for HERTFORDSHIRE was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £555,000 results in an estimated price of approximately £550,554.
2 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.8 | 148.6 | -0.801 % | £555,000 | £-4,445 | £550,554 |
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 | -10.760 % | £-59,718 | £495,281 |
3 Month Average | -8.043 % | £-44,637 | £510,362 |
6 Month Average | -11.661 % | £-64,720 | £490,279 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2023 | £514,501 | £510,000 | 16 ORCHARD STREET |
10 Aug 2023 | £569,986 | £565,000 | 12 ORCHARD 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 | £2,328,202 | £2,300,000 | 4 ABBEY MILL END |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 31 Jan 2018. Using an estimated price of £550,554 means this house is valued at £11,011 per sq meter (£1,022 per sq foot).
The average size of a house on ORCHARD STREET is 70 sq meters (757 sq feet).
This house is the largest in the street with a floor area of 50 sq meters (538 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 | |
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Abbey Mill Lane |