£382,545
This estimated value is based upon the latest sale price for the house of £355,000 on 30 Sep 2021. 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 |
|---|---|
| £355,000 | 30 Sep 2021 |
| £282,500 | 21 Oct 2014 |
| £230,000 | 4 Jan 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 September 2021 the House Price Index for HERTFORDSHIRE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £355,000 results in an estimated price of approximately £382,545.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £355,000 | £27,545 | £382,545 |
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 | 74.077 % | £262,974 | £617,974 |
| 3 Month Average | 19.951 % | £70,825 | £425,825 |
| 6 Month Average | -0.654 % | £-2,322 | £352,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2023 | £393,709 | £390,000 | FLAT 6 RENOIR HOUSE CASSIO PLACE |
| 16 Jan 2023 | £393,148 | £395,000 | FLAT 3 RENOIR HOUSE CASSIO PLACE |
| 5 Jan 2023 | £373,242 | £375,000 | FLAT 5 CAVALLI APARTMENTS MODENA MEWS |
| 17 Aug 2022 | £234,369 | £235,000 | 7 SILVER PLACE |
| 11 Aug 2022 | £359,034 | £360,000 | FLAT 7 MONET HOUSE CASSIO PLACE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 18 Jun 2021. Using an estimated price of £382,545 means this house is valued at £5,544 per sq meter (£515 per sq foot).
The average size of a house on MODENA MEWS is 84 sq meters (911 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Modena Mews |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Modena Mews |
| Feb 2024 | Drugs | Local resolution | On or near Cassio Place |
| Apr 2024 | Anti-social behaviour | On or near Venice Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Venice Avenue |