£209,738
This estimated value is based upon the latest sale price for the house of £124,000 on 6 Dec 2012. 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 |
|---|---|
| £124,000 | 6 Dec 2012 |
| £49,500 | 26 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 December 2012 the House Price Index for HERTFORDSHIRE was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £124,000 results in an estimated price of approximately £209,738.
| 6 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £124,000 | £85,738 | £209,738 |
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 | 0.455 % | £563 | £124,563 |
| 3 Month Average | 76.739 % | £95,156 | £219,156 |
| 6 Month Average | 79.964 % | £99,155 | £223,155 |
| 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 48 sq meters or 516 sq feet when measured on 21 Apr 2012. Using an estimated price of £209,738 means this house is valued at £4,369 per sq meter (£405 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 |