£298,538
This estimated value is based upon the latest sale price for the house of £232,000 on 5 May 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
54 Market Street, Watford, WD18 0PY
Phone: 01923728433
| Price Paid | Date |
|---|---|
| £232,000 | 5 May 2017 |
| £152,000 | 11 May 2015 |
| £123,500 | 28 Sep 2009 |
| £96,000 | 4 Jul 2002 |
| £42,000 | 26 Mar 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 May 2017 the House Price Index for HERTFORDSHIRE was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £232,000 results in an estimated price of approximately £298,538.
| 5 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £232,000 | £66,538 | £298,538 |
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 | -49.835 % | £-115,617 | £116,382 |
| 3 Month Average | 4.204 % | £9,753 | £241,753 |
| 6 Month Average | 13.986 % | £32,447 | £264,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £443,883 | £440,000 | 21 SILK MILL ROAD |
| 31 Mar 2023 | £383,614 | £380,000 | 74 SILK MILL ROAD |
| 12 Aug 2022 | £473,725 | £475,000 | 1C SILK MILL ROAD |
| 12 Aug 2022 | £433,832 | £435,000 | 57 SILK MILL ROAD |
| 1 Jul 2022 | £501,350 | £500,000 | 31 SILK MILL ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 19 Aug 2021. Using an estimated price of £298,538 means this house is valued at £7,463 per sq meter (£693 per sq foot).
The average size of a house on SILK MILL ROAD is 76 sq meters (825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Silk Mill Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Silk Mill Court |
| Mar 2024 | Anti-social behaviour | On or near Silk Mill Court | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Silk Mill Court |
| Mar 2024 | Anti-social behaviour | On or near Silk Mill Court |