£222,092
This estimated value is based upon the latest sale price for the house of £220,000 on 24 Mar 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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54 Market Street, Watford, WD18 0PY
Phone: 01923728433
| Price Paid | Date |
|---|---|
| £220,000 | 24 Mar 2023 |
| £155,000 | 19 Nov 2007 |
| £78,000 | 30 Mar 2001 |
| £46,000 | 17 Feb 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 413 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 March 2023 the House Price Index for HERTFORDSHIRE was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £220,000 results in an estimated price of approximately £222,092.
| 24 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £220,000 | £2,092 | £222,092 |
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 | 71.593 % | £157,504 | £377,504 |
| 3 Month Average | 23.819 % | £52,402 | £272,402 |
| 6 Month Average | 6.952 % | £15,293 | £235,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £208,651 | £205,000 | 13 ARRAN HOUSE PIONEER WAY |
| 23 Jun 2023 | £253,065 | £250,000 | 26 GUERNSEY HOUSE PIONEER WAY |
| 23 Jun 2023 | £207,514 | £205,000 | 1 GUERNSEY HOUSE PIONEER WAY |
| 24 Mar 2023 | £222,092 | £220,000 | 11 GUERNSEY HOUSE PIONEER WAY |
| 10 Feb 2023 | £189,872 | £190,000 | 25 GUERNSEY HOUSE PIONEER WAY |
This house has a floor area of 38 sq meters or 413 sq feet when measured on 29 Jun 2011. Using an estimated price of £222,092 means this house is valued at £5,777 per sq meter (£536 per sq foot).
The average size of a house on PIONEER WAY is 48 sq meters (525 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pioneer Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Pioneer Way |
| Mar 2024 | Anti-social behaviour | On or near Pioneer Way | |
| Mar 2024 | Anti-social behaviour | On or near Pioneer Way | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Pioneer Way |