£261,656
This estimated value is based upon the latest sale price for the house of £226,000 on 28 Jul 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Suite 4, Building 4, Hatters Lane, Watford, WD18 8YF
Phone: 01322584475
| Price Paid | Date |
|---|---|
| £226,000 | 28 Jul 2021 |
| £240,050 | 18 Dec 2018 |
| £211,000 | 3 Oct 2014 |
| £168,300 | 10 Jun 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 July 2021 the House Price Index for HERTFORDSHIRE was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £226,000 results in an estimated price of approximately £261,656.
| 28 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £226,000 | £35,656 | £261,656 |
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 | 28.780 % | £65,042 | £291,042 |
| 3 Month Average | -2.509 % | £-5,670 | £220,329 |
| 6 Month Average | 10.841 % | £24,501 | £250,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £225,730 | £220,000 | FLAT 37 ROCKWELL COURT THE GATEWAY |
| 1 Sep 2023 | £623,750 | £610,000 | 9 THE GATEWAY |
| 3 Aug 2023 | £327,914 | £322,000 | FLAT 40 OMEGA COURT THE GATEWAY |
| 26 Sep 2022 | £342,771 | £343,000 | FLAT 35 ROCKWELL COURT THE GATEWAY |
| 5 Jul 2022 | £323,239 | £320,000 | FLAT 10 ROCKWELL COURT THE GATEWAY |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 21 Aug 2020. Using an estimated price of £261,657 means this house is valued at £4,672 per sq meter (£434 per sq foot).
The average size of a house on THE GATEWAY is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near The Gateway | |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near The Gateway |
| Jun 2024 | Anti-social behaviour | On or near The Gateway | |
| Jun 2024 | Anti-social behaviour | On or near The Gateway | |
| Jun 2024 | Anti-social behaviour | On or near The Gateway |