£310,879
This estimated value is based upon the latest sale price for the house of £190,000 on 25 Oct 2013. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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1 Station Approach, Oxhey, Watford, WD19 7DT
Phone: 02081150566
| Price Paid | Date |
|---|---|
| £190,000 | 25 Oct 2013 |
| £147,500 | 26 Sep 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2013 the House Price Index for HERTFORDSHIRE was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £190,000 results in an estimated price of approximately £310,879.
| 25 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £190,000 | £120,879 | £310,879 |
The Postcode Pricing Model uses changes in average sales price within the WD19 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 | -17.183 % | £-32,647 | £157,352 |
| 3 Month Average | 55.164 % | £104,811 | £294,811 |
| 6 Month Average | 73.818 % | £140,253 | £330,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £530,000 | £530,000 | 10 UPPER HITCH |
| 25 Aug 2023 | £302,648 | £300,000 | 15 CHAMPNEYS UPPER HITCH |
| 16 Mar 2023 | £741,990 | £735,000 | 18 UPPER HITCH |
| 12 Aug 2022 | £309,168 | £310,000 | 13 PRESTWOOD UPPER HITCH |
| 5 Jul 2022 | £536,444 | £535,000 | 6 UPPER HITCH |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 14 Nov 2019. Using an estimated price of £310,879 means this house is valued at £4,378 per sq meter (£406 per sq foot).
The average size of a house on UPPER HITCH is 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Hitch |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Courtway |
| Apr 2024 | Burglary | Under investigation | On or near Margeholes |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margeholes |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Margeholes |