£592,771
This estimated value is based upon the latest sale price for the house of £393,000 on 28 Nov 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 |
|---|---|
| £393,000 | 28 Nov 2014 |
| £315,000 | 26 Nov 2010 |
| £237,500 | 24 Mar 2005 |
| £128,500 | 1 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 November 2014 the House Price Index for HERTFORDSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £393,000 results in an estimated price of approximately £592,771.
| 28 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £393,000 | £199,771 | £592,771 |
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 | 59.076 % | £232,167 | £625,167 |
| 3 Month Average | 43.675 % | £171,641 | £564,641 |
| 6 Month Average | 33.550 % | £131,851 | £524,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £552,550 | £540,000 | 14 OSTER STREET |
| 27 Sep 2023 | £467,301 | £457,000 | 50 OSTER STREET |
| 24 Aug 2023 | £840,153 | £825,000 | 39 CANNON STREET |
| 15 Feb 2023 | £699,674 | £695,000 | 43 CANNON STREET |
| 15 Feb 2023 | £654,371 | £650,000 | 36 CANNON STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 29 Feb 2020. Using an estimated price of £592,772 means this house is valued at £8,590 per sq meter (£798 per sq foot).
The average size of a house on FOLLY AVENUE is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Folly Avenue |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Folly Avenue |
| Oct 2024 | Vehicle crime | Awaiting court outcome | On or near Century Close |
| Sep 2024 | Other theft | Under investigation | On or near Century Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Oster Street |