£608,428
This estimated value is based upon the latest sale price for the house of £492,500 on 15 Mar 2019. 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 Metropolitan Mews
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Suite 4, Building 4, Hatters Lane, Watford, WD18 8YF
Phone: 01322584475
| Price Paid | Date |
|---|---|
| £492,500 | 15 Mar 2019 |
| £292,500 | 4 Jul 2014 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £492,500 results in an estimated price of approximately £608,428.
| 15 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £492,500 | £115,928 | £608,428 |
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 | 61.439 % | £302,586 | £795,086 |
| 3 Month Average | 9.040 % | £44,520 | £537,020 |
| 6 Month Average | -8.815 % | £-43,416 | £449,083 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2023 | £393,709 | £390,000 | FLAT 6 RENOIR HOUSE CASSIO PLACE |
| 16 Jan 2023 | £393,148 | £395,000 | FLAT 3 RENOIR HOUSE CASSIO PLACE |
| 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 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 5 Feb 2014. Using an estimated price of £608,429 means this house is valued at £6,542 per sq meter (£607 per sq foot).
The average size of a house on THE CHASE is 103 sq meters (1,117 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Metropolitan Mews |
| Feb 2024 | Anti-social behaviour | On or near Metropolitan Mews | |
| Feb 2024 | Anti-social behaviour | On or near Metropolitan Mews | |
| Feb 2024 | Anti-social behaviour | On or near Metropolitan Mews | |
| Feb 2024 | Drugs | Local resolution | On or near Cassio Place |