£364,519
This estimated value is based upon the latest sale price for the house of £243,500 on 16 Jan 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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54 Market Street, Watford, WD18 0PY
Phone: 01923728433
| Price Paid | Date |
|---|---|
| £243,500 | 16 Jan 2015 |
| £192,500 | 7 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 January 2015 the House Price Index for HERTFORDSHIRE was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £243,500 results in an estimated price of approximately £364,519.
| 16 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £243,500 | £121,019 | £364,519 |
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 | 23.911 % | £58,224 | £301,724 |
| 3 Month Average | 45.222 % | £110,114 | £353,614 |
| 6 Month Average | 59.215 % | £144,189 | £387,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £601,482 | £583,000 | 97 MARKET STREET |
| 8 Dec 2023 | £118,929 | £115,275 | 101A VICARAGE ROAD |
| 14 Sep 2023 | £342,551 | £335,000 | 25 ST MARYS ROAD |
| 1 Sep 2023 | £329,258 | £322,000 | 34 MERTON ROAD |
| 17 Feb 2023 | £126,847 | £126,000 | 28A VICARAGE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 9 Sep 2014. Using an estimated price of £364,519 means this house is valued at £5,523 per sq meter (£513 per sq foot).
The average size of a house on MERTON ROAD is 62 sq meters (670 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Hornets |
| Jul 2024 | Public order | Under investigation | On or near The Hornets |
| Jun 2024 | Possession of weapons | Under investigation | On or near The Hornets |
| Jun 2024 | Anti-social behaviour | On or near The Hornets | |
| Jun 2024 | Anti-social behaviour | On or near The Hornets |