£298,829
This estimated value is based upon the latest sale price for the house of £245,000 on 13 Jan 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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4 Imperial Place, Maxwell Road, Borehamwood, WD6 1JN
Phone: 02081150487
Price Paid | Date |
---|---|
£245,000 | 13 Jan 2020 |
£190,000 | 17 Jan 2014 |
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 January 2020 the House Price Index for HERTFORDSHIRE was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £245,000 results in an estimated price of approximately £298,829.
13 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £245,000 | £53,829 | £298,829 |
The Postcode Pricing Model uses changes in average sales price within the WD6 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 | -26.500 % | £-64,924 | £180,075 |
3 Month Average | 0.814 % | £1,995 | £246,995 |
6 Month Average | 1.473 % | £3,609 | £248,609 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2020 | £282,713 | £241,000 | FLAT 35 FOSTER HOUSE MAXWELL ROAD |
13 Jan 2020 | £298,830 | £245,000 | FLAT 91 FOSTER HOUSE MAXWELL ROAD |
18 Jan 2017 | £448,535 | £343,250 | FLAT 74 FOSTER HOUSE MAXWELL ROAD |
19 Oct 2016 | £421,225 | £318,000 | FLAT 34 FOSTER HOUSE MAXWELL ROAD |
3 Oct 2014 | £152,705 | £102,000 | FLAT 20 FOSTER HOUSE MAXWELL ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 8 Jul 2019. Using an estimated price of £298,830 means this house is valued at £7,115 per sq meter (£661 per sq foot).
The average size of a house on MAXWELL ROAD is 59 sq meters (643 sq feet).