£498,560
This estimated value is based upon the latest sale price for the house of £425,000 on 28 Oct 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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116 High Street, Bushey, WD23 3DE
Phone: 02036414184
| Price Paid | Date |
|---|---|
| £425,000 | 28 Oct 2020 |
| £237,500 | 12 Jan 2010 |
| £242,500 | 30 Nov 2006 |
| £199,995 | 8 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2020 the House Price Index for HERTFORDSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £425,000 results in an estimated price of approximately £498,560.
| 28 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £425,000 | £73,560 | £498,560 |
The Postcode Pricing Model uses changes in average sales price within the WD23 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 | -20.817 % | £-88,471 | £336,528 |
| 3 Month Average | 9.220 % | £39,186 | £464,186 |
| 6 Month Average | 19.709 % | £83,763 | £508,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £383,354 | £380,000 | 76 MELBOURNE ROAD |
| 22 Aug 2023 | £388,398 | £385,000 | 92 MELBOURNE ROAD |
| 21 Aug 2023 | £437,326 | £433,500 | 27 PALMER AVENUE |
| 4 Apr 2023 | £465,007 | £460,000 | 66 MELBOURNE ROAD |
| 18 Feb 2022 | £545,321 | £520,000 | 14 COLDHARBOUR LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 21 Jul 2020. Using an estimated price of £498,560 means this house is valued at £6,647 per sq meter (£617 per sq foot).
The average size of a house on HERNE ROAD is 94 sq meters (1,022 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cooks Mead | |
| Feb 2024 | Anti-social behaviour | On or near Cooks Mead | |
| Feb 2024 | Anti-social behaviour | On or near Cooks Mead | |
| Jan 2024 | Other crime | Under investigation | On or near Cooks Mead |
| Feb 2024 | Anti-social behaviour | On or near Herne Road |