£624,910
This estimated value is based upon the latest sale price for the house of £495,000 on 15 Mar 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Suite 4, Building 4, Hatters Lane, Watford, WD18 8YF
Phone: 01322584475
| Price Paid | Date |
|---|---|
| £495,000 | 15 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 March 2018 the House Price Index for HERTFORDSHIRE was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £495,000 results in an estimated price of approximately £624,910.
| 15 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £495,000 | £129,910 | £624,910 |
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 | -52.153 % | £-258,157 | £236,842 |
| 3 Month Average | -16.605 % | £-82,196 | £412,803 |
| 6 Month Average | 2.936 % | £14,532 | £509,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £397,451 | £394,000 | 7 CASSIOBRIDGE ROAD |
| 7 Nov 2023 | £469,929 | £458,000 | 49 CASSIOBRIDGE ROAD |
| 23 Aug 2023 | £478,633 | £470,000 | 15 CASSIOBRIDGE ROAD |
| 4 Aug 2023 | £537,698 | £528,000 | 28 QUEEN MARYS AVENUE |
| 27 May 2022 | £477,438 | £465,000 | 31 CASSIOBRIDGE ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 22 Nov 2017. Using an estimated price of £624,911 means this house is valued at £5,122 per sq meter (£475 per sq foot).
The average size of a house on RICKMANSWORTH ROAD is 85 sq meters (916 sq feet).