£338,577
This estimated value is based upon the latest sale price for the house of £177,000 on 14 Oct 2004. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Suite 4, Building 4, Hatters Lane, Watford, WD18 8YF
Phone: 01322584475
| Price Paid | Date |
|---|---|
| £177,000 | 14 Oct 2004 |
| £165,000 | 12 Dec 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 516 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 2004 the House Price Index for HERTFORDSHIRE was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £177,000 results in an estimated price of approximately £338,577.
| 14 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 149.7 | 91.287 % | £177,000 | £161,577 | £338,577 |
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 | 94.498 % | £167,261 | £344,261 |
| 3 Month Average | 82.630 % | £146,255 | £323,255 |
| 6 Month Average | 97.665 % | £172,867 | £349,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £330,387 | £322,000 | FLAT 11 MAYFAIR COURT OBSERVER DRIVE |
| 17 Aug 2022 | £236,104 | £235,000 | 7 SILVER PLACE |
| 28 Jul 2022 | £368,694 | £365,000 | FLAT 13 KNIGHTSBRIDGE COURT OBSERVER DRIVE |
| 8 Jun 2022 | £357,645 | £350,000 | FLAT 3 MERCURY HOUSE LINDEN AVENUE |
| 8 Jun 2022 | £802,147 | £785,000 | 4 SILVER PLACE |
This house has a floor area of 47 sq meters or 516 sq feet when measured on 10 Feb 2012. Using an estimated price of £338,577 means this house is valued at £7,055 per sq meter (£655 per sq foot).
The average size of a house on SILVER PLACE is 109 sq meters (1,182 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Metropolitan Mews |
| Jul 2024 | Other theft | Under investigation | On or near Linden Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Linden Avenue |
| Jun 2024 | Other theft | Under investigation | On or near Linden Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Linden Avenue |