£919,176
This estimated value is based upon the latest sale price for the house of £540,000 on 31 Jul 2012. 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 |
|---|---|
| £540,000 | 31 Jul 2012 |
| £467,500 | 7 Aug 2006 |
| £225,000 | 2 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 July 2012 the House Price Index for HERTFORDSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £540,000 results in an estimated price of approximately £919,176.
| 31 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £540,000 | £379,176 | £919,176 |
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 | 66.796 % | £360,699 | £900,699 |
| 3 Month Average | 50.129 % | £270,696 | £810,696 |
| 6 Month Average | 56.203 % | £303,496 | £843,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £1,468,780 | £1,450,000 | 4 TEMPERANCE STREET |
| 28 Sep 2023 | £526,735 | £520,000 | 4 COLLEGE PLACE |
| 22 Jun 2023 | £744,012 | £735,000 | 21 TEMPERANCE STREET |
| 30 Aug 2022 | £513,617 | £515,000 | 25 COLLEGE PLACE |
| 26 Jul 2022 | £641,727 | £640,000 | 79 VERULAM ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 22 Feb 2012. Using an estimated price of £919,176 means this house is valued at £8,130 per sq meter (£755 per sq foot).
The average size of a house on VERULAM ROAD is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near New England Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near New England Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near New England Street |
| 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 |