£744,143
This estimated value is based upon the latest sale price for the house of £567,500 on 19 Dec 2016. 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 |
|---|---|
| £567,500 | 19 Dec 2016 |
| £260,000 | 15 Feb 2006 |
| £260,000 | 12 Dec 2003 |
| £94,245 | 30 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 December 2016 the House Price Index for HERTFORDSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £567,500 results in an estimated price of approximately £744,143.
| 19 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £567,500 | £176,643 | £744,143 |
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 | 0.816 % | £4,630 | £572,130 |
| 3 Month Average | 29.593 % | £167,941 | £735,441 |
| 6 Month Average | 19.895 % | £112,905 | £680,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £572,508 | £567,500 | 25 WEST VIEW ROAD |
| 21 Aug 2023 | £640,604 | £635,000 | 11 FOLLY LANE |
| 15 Feb 2023 | £649,563 | £650,000 | 36 CANNON STREET |
| 29 Jul 2022 | £671,808 | £670,000 | 8 CANNON STREET |
| 21 Jul 2022 | £807,173 | £805,000 | 10 CANNON STREET |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 1 Apr 2016. Using an estimated price of £744,144 means this house is valued at £6,827 per sq meter (£634 per sq foot).
The average size of a house on FOLLY LANE is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near West View Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gombards |
| Apr 2024 | Anti-social behaviour | On or near Oster Street | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Upton Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Upton Avenue |