£306,840
This estimated value is based upon the latest sale price for the house of £246,000 on 17 May 2018. 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 |
|---|---|
| £246,000 | 17 May 2018 |
| £225,000 | 13 Nov 2015 |
| £145,000 | 28 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 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 May 2018 the House Price Index for HERTFORDSHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £246,000 results in an estimated price of approximately £306,840.
| 17 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £246,000 | £60,840 | £306,840 |
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 | 112.455 % | £276,639 | £522,639 |
| 3 Month Average | 6.935 % | £17,059 | £263,059 |
| 6 Month Average | -8.210 % | £-20,196 | £225,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £227,914 | £225,000 | 6 HANOVER COURT, 85 - 87 KING GEORGES AVENUE |
| 30 Aug 2023 | £580,075 | £575,000 | 458 WHIPPENDELL ROAD |
| 16 Aug 2023 | £262,295 | £260,000 | 9 HANOVER COURT, 85 - 87 KING GEORGES AVENUE |
| 20 Apr 2023 | £712,674 | £705,000 | 440 WHIPPENDELL ROAD |
| 31 Mar 2023 | £314,967 | £312,000 | 14 WEST GATE MEWS 428 WHIPPENDELL ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 20 Aug 2015. Using an estimated price of £306,841 means this house is valued at £6,392 per sq meter (£593 per sq foot).
The average size of a house on KING GEORGES AVENUE is 68 sq meters (734 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Alwin Place |
| Jan 2024 | Anti-social behaviour | On or near George V Close | |
| Jan 2024 | Anti-social behaviour | On or near George V Close | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near George V Close |
| Jan 2024 | Anti-social behaviour | On or near George V Close |