£566,419
This estimated value is based upon the latest sale price for the house of £450,000 on 9 Feb 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 |
|---|---|
| £450,000 | 9 Feb 2018 |
| £97,500 | 24 Nov 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2018 the House Price Index for HERTFORDSHIRE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £450,000 results in an estimated price of approximately £566,419.
| 9 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £450,000 | £116,419 | £566,419 |
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 | -13.015 % | £-58,567 | £391,432 |
| 3 Month Average | 0.069 % | £310 | £450,310 |
| 6 Month Average | 15.389 % | £69,249 | £519,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £722,192 | £700,000 | 8 GEORGE STREET |
| 15 Dec 2023 | £840,837 | £815,000 | 21 VERULAM ROAD |
| 9 Nov 2023 | £328,334 | £320,000 | FLAT 2 ABBEY CHAMBERS, 11 - 13 VERULAM ROAD |
| 2 Oct 2023 | £370,924 | £362,500 | 16 LOWER DAGNALL STREET |
| 27 Jan 2023 | £317,849 | £317,000 | FLAT 5 THE OLD MEETING HOUSE, 11A LOWER DAGNALL STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 13 Dec 2016. Using an estimated price of £566,419 means this house is valued at £8,329 per sq meter (£773 per sq foot).
The average size of a house on BOWES LYON MEWS is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Bowes Lyon Mews | |
| May 2024 | Anti-social behaviour | On or near Bowes Lyon Mews | |
| May 2024 | Anti-social behaviour | On or near Bowes Lyon Mews | |
| May 2024 | Anti-social behaviour | On or near Bowes Lyon Mews | |
| Jul 2024 | Anti-social behaviour | On or near George Street |