£1,492,538
This estimated value is based upon the latest sale price for the house of £1,257,000 on 18 Sep 2020. 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 |
---|---|
£1,257,000 | 18 Sep 2020 |
£852,000 | 4 Apr 2012 |
Terraced |
Freehold |
Floor Area: 207 sq meters or 2,237 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 September 2020 the House Price Index for HERTFORDSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £1,257,000 results in an estimated price of approximately £1,492,538.
18 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £1,257,000 | £235,538 | £1,492,538 |
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 | 11.051 % | £138,912 | £1,395,912 |
3 Month Average | 0.789 % | £9,911 | £1,266,911 |
6 Month Average | 6.434 % | £80,874 | £1,337,874 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £668,548 | £660,000 | 17 WORLEY ROAD |
21 Aug 2023 | £640,604 | £635,000 | 11 FOLLY LANE |
29 Jul 2022 | £671,808 | £670,000 | 8 CANNON STREET |
1 Jul 2022 | £717,933 | £716,000 | 15 WORLEY ROAD |
7 Jan 2022 | £526,204 | £500,000 | 30 FOLLY LANE |
This house has a floor area of 207 sq meters or 2,237 sq feet when measured on 4 Nov 2011. Using an estimated price of £1,492,539 means this house is valued at £7,180 per sq meter (£667 per sq foot).
The average size of a house on WORLEY ROAD is 113 sq meters (1,220 sq feet).
This house is the largest in the street with a floor area of 207 sq meters (2,237 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Under investigation | On or near West View Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Church Crescent |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Church Crescent |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Church Crescent |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Church Crescent |