£50,125
This estimated value is based upon the latest sale price for the house of £39,999 on 28 Mar 2018. 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 |
|---|---|
| £39,999 | 28 Mar 2018 |
| Freehold |
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 March 2018 the House Price Index for HERTFORDSHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £39,999 results in an estimated price of approximately £50,125.
| 28 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £39,999 | £10,126 | £50,125 |
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 | 118.718 % | £47,486 | £87,485 |
| 3 Month Average | 44.297 % | £17,718 | £57,717 |
| 6 Month Average | 14.789 % | £5,915 | £45,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £630,000 | £630,000 | 9 FOLLY AVENUE |
| 21 Aug 2023 | £279,445 | £277,000 | 4 FOLLY COURT FOLLY AVENUE |
| 24 Mar 2023 | £585,516 | £580,000 | 9 ASHWELL STREET |
| 23 Feb 2023 | £252,830 | £253,000 | 3 FOLLY COURT FOLLY AVENUE |
| 15 Feb 2023 | £649,563 | £650,000 | 36 CANNON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near West View Road |
| Feb 2024 | Anti-social behaviour | On or near Century Close | |
| Feb 2024 | Anti-social behaviour | On or near Century Close | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Ladysmith Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Normandy Road |