£587,275
This estimated value is based upon the latest sale price for the house of £480,000 on 7 Feb 2020. 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 |
|---|---|
| £480,000 | 7 Feb 2020 |
| £250,000 | 24 Mar 2005 |
| £239,500 | 29 Apr 2003 |
| £115,000 | 11 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £480,000 results in an estimated price of approximately £587,275.
| 7 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £480,000 | £107,275 | £587,275 |
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 | -33.079 % | £-158,779 | £321,220 |
| 3 Month Average | -7.306 % | £-35,069 | £444,930 |
| 6 Month Average | 5.689 % | £27,307 | £507,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £659,768 | £650,000 | 31 KIMBERLEY ROAD |
| 19 Sep 2023 | £622,965 | £615,000 | 3 KIMBERLEY ROAD |
| 7 Sep 2023 | £706,534 | £697,500 | 24 KIMBERLEY ROAD |
| 16 Jun 2023 | £809,809 | £800,000 | 53 GOLDSMITH WAY |
| 22 Feb 2023 | £759,489 | £760,000 | 8 KIMBERLEY ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 10 May 2019. Using an estimated price of £587,275 means this house is valued at £8,156 per sq meter (£757 per sq foot).
The average size of a house on FOLLY AVENUE is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Century Close | |
| Feb 2024 | Anti-social behaviour | On or near Century Close | |
| Feb 2024 | Anti-social behaviour | On or near Century Close | |
| Apr 2024 | Burglary | Under investigation | On or near Goldsmith Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ladysmith Road |