£163,409
This estimated value is based upon the latest sale price for the house of £96,000 on 12 Jul 2012. 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 |
---|---|
£96,000 | 12 Jul 2012 |
£72,500 | 25 Jun 1999 |
Terraced |
Leasehold |
Floor Area: 53 sq meters or 580 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 July 2012 the House Price Index for HERTFORDSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £96,000 results in an estimated price of approximately £163,409.
12 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.218 % | £96,000 | £67,409 | £163,409 |
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 | 167.680 % | £160,972 | £256,972 |
3 Month Average | 108.126 % | £103,800 | £199,800 |
6 Month Average | 61.908 % | £59,432 | £155,432 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £593,382 | £583,000 | 97 MARKET STREET |
14 Sep 2023 | £372,766 | £368,000 | 24 FEARNLEY STREET |
1 Sep 2023 | £326,170 | £322,000 | 34 MERTON ROAD |
15 Aug 2023 | £393,442 | £390,000 | 82 FEARNLEY STREET |
21 Jul 2023 | £405,457 | £400,000 | 75A VICARAGE ROAD |
This house has a floor area of 53 sq meters or 580 sq feet when measured on 8 Feb 2012. Using an estimated price of £163,409 means this house is valued at £3,031 per sq meter (£281 per sq foot).
The average size of a house on FEARNLEY STREET is 68 sq meters (733 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Under investigation | On or near Fearnley Street |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fearnley Street |