£218,212
This estimated value is based upon the latest sale price for the house of £202,500 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Oxhey Drive
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1 Station Approach, Oxhey, Watford, WD19 7DT
Phone: 02081150566
| Price Paid | Date |
|---|---|
| £202,500 | 28 Sep 2021 |
| £121,000 | 2 Apr 2008 |
| £113,000 | 20 Jun 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 £202,500 results in an estimated price of approximately £218,212.
| 28 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £202,500 | £15,712 | £218,212 |
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 | -36.728 % | £-74,374 | £128,125 |
| 3 Month Average | 22.241 % | £45,038 | £247,538 |
| 6 Month Average | 15.172 % | £30,723 | £233,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2023 | £202,912 | £201,000 | 16 DUNFERMLINE HOUSE OTLEY WAY |
| 9 Sep 2022 | £224,190 | £226,000 | 66 OXHEY DRIVE |
| 18 Aug 2022 | £252,321 | £253,000 | 21 TURNBERRY COURT |
| 4 Jul 2022 | £238,642 | £238,000 | 2 PADGATE HOUSE AINSDALE ROAD |
| 12 May 2022 | £315,953 | £310,000 | 4 TURNBERRY COURT |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 25 Jun 2021. Using an estimated price of £218,212 means this house is valued at £5,195 per sq meter (£482 per sq foot).
The average size of a house on OTLEY WAY is 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Oxhey Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oxhey Drive |