£1,319,379
This estimated value is based upon the latest sale price for the house of £1,050,000 on 23 May 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Ridge Lane
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Cecil Street, Watford, WD24 5AS
Phone: 02080338817
Price Paid | Date |
---|---|
£1,050,000 | 23 May 2018 |
£450,000 | 20 Mar 2002 |
£207,000 | 13 Dec 1996 |
Detached |
Freehold |
Floor Area: 263 sq meters or 2,830 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 May 2018 the House Price Index for HERTFORDSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,319,379.
23 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 149.7 | 25.655 % | £1,050,000 | £269,379 | £1,319,379 |
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 | 48.068 % | £504,711 | £1,554,711 |
3 Month Average | -6.159 % | £-64,664 | £985,335 |
6 Month Average | -14.340 % | £-150,572 | £899,427 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jan 2023 | £330,884 | £330,000 | 125 RIDGE LANE |
13 Jan 2023 | £305,817 | £305,000 | 84B COURTLANDS DRIVE |
2 Sep 2022 | £720,519 | £721,000 | 31 COURTLANDS DRIVE |
25 Mar 2022 | £1,148,326 | £1,100,000 | 1 THE ORCHARD |
14 Mar 2022 | £262,027 | £251,000 | 86B COURTLANDS DRIVE |
This house has a floor area of 263 sq meters or 2,830 sq feet when measured on 5 Jul 2017. Using an estimated price of £1,319,380 means this house is valued at £5,016 per sq meter (£466 per sq foot).
The average size of a house on RIDGE LANE is 131 sq meters (1,418 sq feet).
This house is the largest in the street with a floor area of 263 sq meters (2,830 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Ridge Lane |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Denewood Close |
Jul 2024 | Burglary | Under investigation | On or near Blackley Close |
Jul 2024 | Anti-social behaviour | On or near Burrow Close | |
May 2024 | Public order | Formal action is not in the public interest | On or near Fairview Drive |