£225,367
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Sep 2008. 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 |
|---|---|
| £130,000 | 30 Sep 2008 |
| £223,250 | 20 Apr 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 September 2008 the House Price Index for HERTFORDSHIRE was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.360%.Applying this 73.360% change to the original purchase price of £130,000 results in an estimated price of approximately £225,367.
| 30 Sep 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.360 % | £130,000 | £95,367 | £225,367 |
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 | 88.464 % | £115,002 | £245,002 |
| 3 Month Average | 78.676 % | £102,278 | £232,278 |
| 6 Month Average | 89.150 % | £115,894 | £245,894 |
| 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 70 sq meters or 753 sq feet when measured on 7 Dec 2012. Using an estimated price of £225,368 means this house is valued at £3,219 per sq meter (£299 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 |