£783,042
This estimated value is based upon the latest sale price for the house of £499,950 on 31 Oct 2007. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Cecil Street, Watford, WD24 5AS
Phone: 02080338817
Price Paid | Date |
---|---|
£499,950 | 31 Oct 2007 |
£562,000 | 5 Jan 2007 |
Detached |
Freehold |
Floor Area: 146 sq meters or 1,571 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 October 2007 the House Price Index for HERTFORDSHIRE was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £499,950 results in an estimated price of approximately £783,042.
31 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 149.7 | 56.624 % | £499,950 | £283,092 | £783,042 |
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 | 96.088 % | £480,390 | £980,340 |
3 Month Average | 55.627 % | £278,106 | £778,056 |
6 Month Average | 45.333 % | £226,640 | £726,590 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £1,006,868 | £984,000 | 57 TUNNEL WOOD ROAD |
27 Jan 2023 | £330,884 | £330,000 | 125 RIDGE LANE |
11 Mar 2022 | £1,200,523 | £1,150,000 | 23 TUNNEL WOOD CLOSE |
23 Dec 2021 | £777,102 | £720,000 | 128 RIDGE LANE |
9 Apr 2021 | £881,592 | £775,000 | 21A TUNNEL WOOD CLOSE |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 26 Sep 2016. Using an estimated price of £783,043 means this house is valued at £5,363 per sq meter (£498 per sq foot).
The average size of a house on DENEWOOD CLOSE is 183 sq meters (1,976 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 | Burglary | Under investigation | On or near Ridge Lane |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Tunnel Wood Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tunnel Wood Road |