£373,522
This estimated value is based upon the latest sale price for the house of £220,000 on 4 Oct 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 |
|---|---|
| £220,000 | 4 Oct 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2012 the House Price Index for HERTFORDSHIRE was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £220,000 results in an estimated price of approximately £373,522.
| 4 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £220,000 | £153,522 | £373,522 |
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 | 150.798 % | £331,754 | £551,754 |
| 3 Month Average | 86.921 % | £191,226 | £411,226 |
| 6 Month Average | 62.067 % | £136,547 | £356,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £372,766 | £368,000 | 24 FEARNLEY STREET |
| 31 Aug 2023 | £378,310 | £375,000 | 5 ADDISCOMBE ROAD |
| 15 Aug 2023 | £393,442 | £390,000 | 82 FEARNLEY STREET |
| 28 Jul 2023 | £385,184 | £380,000 | 38 ADDISCOMBE ROAD |
| 31 Jan 2023 | £359,307 | £361,000 | 27 FEARNLEY STREET |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 12 Aug 2020. Using an estimated price of £373,522 means this house is valued at £6,917 per sq meter (£642 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Victoria Passage | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Victoria Passage |
| Apr 2024 | Anti-social behaviour | On or near Victoria Passage | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Victoria Passage |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Victoria Passage |