£433,829
This estimated value is based upon the latest sale price for the house of £235,000 on 27 Jun 2005. 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 Observer Drive
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Suite 4, Building 4, Hatters Lane, Watford, WD18 8YF
Phone: 01322584475
| Price Paid | Date |
|---|---|
| £235,000 | 27 Jun 2005 |
| Terraced |
| Freehold |
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 2005 the House Price Index for HERTFORDSHIRE was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £235,000 results in an estimated price of approximately £433,829.
| 27 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £235,000 | £198,829 | £433,829 |
The Postcode Pricing Model uses changes in average sales price within the WD18 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 | 157.334 % | £369,736 | £604,736 |
| 3 Month Average | 115.595 % | £271,648 | £506,648 |
| 6 Month Average | 79.909 % | £187,786 | £422,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £252,206 | £250,000 | 172 RICKMANSWORTH ROAD |
| 28 Oct 2022 | £598,555 | £605,000 | 22 THE CHASE |
| 2 Sep 2022 | £545,594 | £550,000 | 67 THE CHASE |
| 20 Jul 2022 | £370,999 | £370,000 | FLAT 2 TOULOUSE HOUSE CASSIO PLACE |
| 21 Mar 2022 | £357,510 | £345,000 | FLAT 4 MATISSE HOUSE CASSIO PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Observer Drive |
| Apr 2024 | Burglary | Under investigation | On or near Observer Drive |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Observer Drive |
| Mar 2024 | Burglary | Under investigation | On or near Metropolitan Mews |
| Feb 2024 | Anti-social behaviour | On or near Metropolitan Mews |