£310,515
This estimated value is based upon the latest sale price for the house of £232,500 on 7 Jun 2016. 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 |
|---|---|
| £232,500 | 7 Jun 2016 |
| £158,500 | 7 Mar 2008 |
| £160,000 | 7 Sep 2007 |
| £87,000 | 14 Sep 2001 |
| £44,000 | 10 Aug 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 June 2016 the House Price Index for HERTFORDSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £232,500 results in an estimated price of approximately £310,515.
| 7 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £232,500 | £78,015 | £310,515 |
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 | -33.476 % | £-77,831 | £154,668 |
| 3 Month Average | 18.051 % | £41,967 | £274,467 |
| 6 Month Average | 13.184 % | £30,652 | £263,152 |
| 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 |
| 20 Jul 2023 | £481,480 | £475,000 | 32 THE COURTWAY |
| 16 Mar 2023 | £741,990 | £735,000 | 18 UPPER HITCH |
| 5 Jul 2022 | £536,444 | £535,000 | 6 UPPER HITCH |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 27 May 2015. Using an estimated price of £310,515 means this house is valued at £6,750 per sq meter (£627 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 | Under investigation | On or near Upper Hitch |
| Feb 2024 | Other theft | Under investigation | On or near The Courtway |
| Feb 2024 | Burglary | Under investigation | On or near Margeholes |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margeholes |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greenfield Avenue |