£469,248
This estimated value is based upon the latest sale price for the house of £380,000 on 24 Sep 2018. 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 |
|---|---|
| £380,000 | 24 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 September 2018 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 23.487%.Applying this 23.487% change to the original purchase price of £380,000 results in an estimated price of approximately £469,248.
| 24 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £380,000 | £89,248 | £469,248 |
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 | -53.785 % | £-204,383 | £175,616 |
| 3 Month Average | 3.176 % | £12,070 | £392,070 |
| 6 Month Average | 7.723 % | £29,349 | £409,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2023 | £202,912 | £201,000 | 16 DUNFERMLINE HOUSE OTLEY WAY |
| 9 Sep 2022 | £224,190 | £226,000 | 66 OXHEY DRIVE |
| 18 Aug 2022 | £252,321 | £253,000 | 21 TURNBERRY COURT |
| 4 Jul 2022 | £238,642 | £238,000 | 2 PADGATE HOUSE AINSDALE ROAD |
| 30 Jun 2022 | £263,727 | £260,000 | 20 LINCOLN DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Jul 2018. Using an estimated price of £469,249 means this house is valued at £5,865 per sq meter (£544 per sq foot).
The average size of a house on OTLEY WAY is 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Matlock Crescent |
| Mar 2024 | Anti-social behaviour | On or near Matlock Crescent | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Matlock Crescent |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Matlock Crescent |
| Mar 2024 | Anti-social behaviour | On or near Matlock Crescent |