£1,488,395
This estimated value is based upon the latest sale price for the house of £925,000 on 31 Jan 2014. 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 |
---|---|
£925,000 | 31 Jan 2014 |
Terraced |
Freehold |
Floor Area: 174 sq meters or 1,872 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 January 2014 the House Price Index for HERTFORDSHIRE was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £925,000 results in an estimated price of approximately £1,488,395.
31 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 149.7 | 60.908 % | £925,000 | £563,395 | £1,488,395 |
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 | 0.957 % | £8,854 | £933,854 |
3 Month Average | 17.188 % | £158,993 | £1,083,993 |
6 Month Average | 34.004 % | £314,533 | £1,239,533 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jul 2024 | £450,000 | £450,000 | 14 WELCLOSE STREET |
15 Dec 2023 | £722,192 | £700,000 | 8 GEORGE STREET |
16 Jun 2023 | £540,838 | £530,000 | 4 TANKERFIELD PLACE |
1 Jun 2023 | £586,759 | £575,000 | 3 QUEEN STREET |
1 Aug 2022 | £20,094 | £20,000 | 19 GEORGE STREET |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 7 Aug 2013. Using an estimated price of £1,488,396 means this house is valued at £8,554 per sq meter (£794 per sq foot).
There is one other house on the street which we know the size of, this is 2 ROMELAND it is 69.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Romeland |
May 2024 | Other theft | Awaiting court outcome | On or near Romeland |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Romeland |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Romeland |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Romeland |