£183,742
This estimated value is based upon the latest sale price for the house of £118,000 on 15 Apr 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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278 St Albans Road, Watford, WD24 6PE
Phone: 01923728034
| Price Paid | Date |
|---|---|
| £118,000 | 15 Apr 2014 |
| £118,500 | 1 Mar 2004 |
| £81,500 | 8 Jun 2001 |
| £53,250 | 9 Apr 1999 |
| £48,750 | 22 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 414 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 April 2014 the House Price Index for HERTFORDSHIRE was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £118,000 results in an estimated price of approximately £183,742.
| 15 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £118,000 | £65,742 | £183,742 |
The Postcode Pricing Model uses changes in average sales price within the WD24 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 | 82.681 % | £97,563 | £215,563 |
| 3 Month Average | 63.892 % | £75,391 | £193,391 |
| 6 Month Average | 70.628 % | £83,340 | £201,340 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £187,396 | £185,000 | 18 GLADESMERE COURT |
| 4 Jan 2023 | £267,540 | £268,800 | 24A HAZEL TREE ROAD |
| 19 Aug 2022 | £211,930 | £212,500 | 12 GLADESMERE COURT |
| 29 Jun 2022 | £537,597 | £530,000 | 42 HAZEL TREE ROAD |
| 30 May 2022 | £529,986 | £520,000 | 7 BUSHEY MILL LANE |
This house has a floor area of 38 sq meters or 414 sq feet when measured on 25 Nov 2008. Using an estimated price of £183,742 means this house is valued at £4,772 per sq meter (£443 per sq foot).
The average size of a house on GLADESMERE COURT is 45 sq meters (489 sq feet).