£210,071
This estimated value is based upon the latest sale price for the house of £110,000 on 24 Sep 2004. 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 |
|---|---|
| £110,000 | 24 Sep 2004 |
| £110,000 | 24 Sep 2004 |
| £48,000 | 6 Mar 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2004 the House Price Index for HERTFORDSHIRE was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £110,000 results in an estimated price of approximately £210,071.
| 24 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £110,000 | £100,071 | £210,071 |
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 | 53.965 % | £59,361 | £169,361 |
| 3 Month Average | 132.596 % | £145,855 | £255,855 |
| 6 Month Average | 95.019 % | £104,521 | £214,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £284,208 | £280,000 | FLAT 21 KENNETT COURT WHIPPENDELL ROAD |
| 31 Aug 2023 | £378,310 | £375,000 | 5 ADDISCOMBE ROAD |
| 28 Jul 2023 | £385,184 | £380,000 | 38 ADDISCOMBE ROAD |
| 5 Apr 2023 | £222,395 | £220,000 | FLAT 19 KENNETT COURT WHIPPENDELL ROAD |
| 4 Oct 2022 | £460,047 | £465,000 | 56 CASSIO ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 14 Aug 2017. Using an estimated price of £210,071 means this house is valued at £3,443 per sq meter (£319 per sq foot).
The average size of a house on ADDISCOMBE ROAD is 87 sq meters (936 sq feet).