£477,451
This estimated value is based upon the latest sale price for the house of £445,000 on 29 Jun 2021. 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 |
|---|---|
| £445,000 | 29 Jun 2021 |
| £323,000 | 1 Aug 2012 |
| £309,500 | 2 Feb 2007 |
| £206,000 | 20 Aug 2003 |
| £104,000 | 23 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2021 the House Price Index for HERTFORDSHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £445,000 results in an estimated price of approximately £477,451.
| 29 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £445,000 | £32,451 | £477,451 |
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 | 3.397 % | £15,116 | £460,116 |
| 3 Month Average | 1.592 % | £7,083 | £452,083 |
| 6 Month Average | 7.356 % | £32,732 | £477,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £829,514 | £815,000 | 21 VERULAM ROAD |
| 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 |
| 24 Oct 2022 | £1,241,631 | £1,255,000 | 5 COLLEGE STREET |
| 1 Aug 2022 | £19,946 | £20,000 | 19 GEORGE STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 Feb 2016. Using an estimated price of £477,451 means this house is valued at £6,724 per sq meter (£624 per sq foot).
The average size of a house on BOWES LYON MEWS is 135 sq meters (1,463 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bowes Lyon Mews |
| Mar 2024 | Drugs | Offender given a caution | On or near Spicer Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Apr 2024 | Shoplifting | Under investigation | On or near Parking Area |