£508,252
This estimated value is based upon the latest sale price for the house of £350,000 on 19 Jun 2015. 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 |
---|---|
£350,000 | 19 Jun 2015 |
£350,000 | 19 Jun 2015 |
£150,000 | 28 Feb 2003 |
Flats/Maisonettes |
Leasehold |
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 June 2015 the House Price Index for HERTFORDSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £350,000 results in an estimated price of approximately £508,252.
19 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £350,000 | £158,252 | £508,252 |
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 | 56.670 % | £198,344 | £548,344 |
3 Month Average | 34.873 % | £122,055 | £472,055 |
6 Month Average | 35.549 % | £124,422 | £474,422 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £712,466 | £700,000 | 8 GEORGE STREET |
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 |
1 Aug 2022 | £19,946 | £20,000 | 18 GEORGE STREET |
1 Aug 2022 | £19,946 | £20,000 | 19 GEORGE STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 10 Mar 2014. Using an estimated price of £508,252 means this house is valued at £8,762 per sq meter (£814 per sq foot).
The average size of a house on GEORGE STREET is 131 sq meters (1,418 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near George Street | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near George Street |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near George Street |
Feb 2024 | Public order | Unable to prosecute suspect | On or near George Street |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near George Street |