£531,358
This estimated value is based upon the latest sale price for the house of £520,000 on 30 Jun 2022. 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 |
|---|---|
| £520,000 | 30 Jun 2022 |
| £410,000 | 21 Aug 2014 |
| £226,500 | 31 Mar 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2022 the House Price Index for HERTFORDSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £520,000 results in an estimated price of approximately £531,358.
| 30 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £520,000 | £11,358 | £531,358 |
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 | 31.031 % | £161,360 | £681,360 |
| 3 Month Average | 6.748 % | £35,090 | £555,090 |
| 6 Month Average | 2.280 % | £11,858 | £531,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £563,660 | £555,000 | 5 OSTER STREET |
| 6 Oct 2023 | £552,550 | £540,000 | 14 OSTER STREET |
| 27 Sep 2023 | £467,301 | £457,000 | 50 OSTER STREET |
| 16 Jun 2023 | £535,736 | £525,000 | 9 OSTER STREET |
| 13 Sep 2022 | £569,619 | £570,000 | 54 FOLLY LANE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 1 Mar 2014. Using an estimated price of £531,358 means this house is valued at £8,174 per sq meter (£759 per sq foot).
The average size of a house on FOLLY LANE is 98 sq meters (1,055 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oster Street |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Oster Street |
| Sep 2024 | Anti-social behaviour | On or near Folly Lane | |
| Sep 2024 | Anti-social behaviour | On or near Folly Lane | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Church Crescent |