£529,866
This estimated value is based upon the latest sale price for the house of £395,000 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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1 Station Approach, Oxhey, Watford, WD19 7DT
Phone: 02081150566
| Price Paid | Date |
|---|---|
| £395,000 | 29 Jul 2016 |
| £194,000 | 12 Jan 2007 |
| £84,500 | 7 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 July 2016 the House Price Index for HERTFORDSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £395,000 results in an estimated price of approximately £529,866.
| 29 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £395,000 | £134,866 | £529,866 |
The Postcode Pricing Model uses changes in average sales price within the WD19 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 | 15.148 % | £59,835 | £454,835 |
| 3 Month Average | 25.673 % | £101,407 | £496,407 |
| 6 Month Average | 11.338 % | £44,785 | £439,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2023 | £204,414 | £201,000 | 16 DUNFERMLINE HOUSE OTLEY WAY |
| 9 Sep 2022 | £225,849 | £226,000 | 66 OXHEY DRIVE |
| 18 Aug 2022 | £254,189 | £253,000 | 21 TURNBERRY COURT |
| 12 May 2022 | £318,292 | £310,000 | 4 TURNBERRY COURT |
| 3 May 2022 | £395,298 | £385,000 | 20 MAYLANDS ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 13 Apr 2015. Using an estimated price of £529,866 means this house is valued at £6,090 per sq meter (£565 per sq foot).
The average size of a house on OTLEY WAY is 70 sq meters (753 sq feet).