£534,642
This estimated value is based upon the latest sale price for the house of £525,000 on 4 Aug 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 |
|---|---|
| £525,000 | 4 Aug 2023 |
| £473,000 | 26 Mar 2018 |
| £427,000 | 31 Jul 2014 |
| £327,500 | 12 Oct 2007 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 August 2023 the House Price Index for HERTFORDSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £525,000 results in an estimated price of approximately £534,642.
| 4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £525,000 | £9,642 | £534,642 |
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 | 1.482 % | £7,780 | £532,780 |
| 3 Month Average | -16.299 % | £-85,570 | £439,429 |
| 6 Month Average | -7.383 % | £-38,761 | £486,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £450,000 | £450,000 | 14 WELCLOSE STREET |
| 20 Dec 2023 | £459,107 | £445,000 | 20 TEMPERANCE STREET |
| 27 Nov 2023 | £487,371 | £475,000 | FLAT 13 20 LOWER DAGNALL STREET |
| 13 Nov 2023 | £899,842 | £877,000 | 31 LOWER DAGNALL STREET |
| 29 Sep 2023 | £1,482,685 | £1,450,000 | 4 TEMPERANCE STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 11 May 2012. Using an estimated price of £534,643 means this house is valued at £9,217 per sq meter (£856 per sq foot).
The average size of a house on LOWER DAGNALL STREET is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Temperance Street |
| Jun 2024 | Criminal damage and arson | Offender given a caution | On or near College Place |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near College Place |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Temperance Street |
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near College Place |