£348,004
This estimated value is based upon the latest sale price for the house of £274,000 on 29 Aug 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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168 High Street, Watford, WD17 2EG
Phone: 01923634095
| Price Paid | Date |
|---|---|
| £274,000 | 29 Aug 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 August 2017 the House Price Index for HERTFORDSHIRE was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £274,000 results in an estimated price of approximately £348,004.
| 29 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £274,000 | £74,004 | £348,004 |
The Postcode Pricing Model uses changes in average sales price within the WD17 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 | -21.282 % | £-58,313 | £215,686 |
| 3 Month Average | -25.464 % | £-69,771 | £204,228 |
| 6 Month Average | -12.218 % | £-33,478 | £240,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2022 | £310,879 | £300,000 | 4 STANLEY ROAD |
| 24 Feb 2022 | £456,182 | £435,000 | 30 GLADSTONE ROAD |
| 11 Feb 2022 | £540,078 | £515,000 | 11 STANLEY ROAD |
| 21 Jan 2022 | £284,150 | £270,000 | 121 GLADSTONE ROAD |
| 7 Dec 2021 | £589,257 | £550,000 | 43 DERBY ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 28 Jul 2017. Using an estimated price of £348,004 means this house is valued at £7,250 per sq meter (£673 per sq foot).
The average size of a house on GLADSTONE ROAD is 65 sq meters (702 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Gladstone Road |