£496,895
This estimated value is based upon the latest sale price for the house of £465,000 on 28 Jun 2021. 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 |
|---|---|
| £465,000 | 28 Jun 2021 |
| £201,600 | 7 Nov 2003 |
| £74,950 | 29 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 860 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 June 2021 the House Price Index for HERTFORDSHIRE was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £465,000 results in an estimated price of approximately £496,895.
| 28 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £465,000 | £31,895 | £496,895 |
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 | -6.889 % | £-32,035 | £432,964 |
| 3 Month Average | 7.169 % | £33,334 | £498,334 |
| 6 Month Average | 2.046 % | £9,512 | £474,512 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £238,450 | £237,000 | 91B BEECHWOOD RISE |
| 14 Aug 2023 | £518,151 | £515,000 | 85 BEECHWOOD RISE |
| 24 Jun 2022 | £493,564 | £488,562 | 15 OAKDENE ROAD |
| 15 Jun 2022 | £450,061 | £445,500 | 52 OAKDENE ROAD |
| 18 Mar 2022 | £572,803 | £555,000 | 63 OAKDENE ROAD |
This house has a floor area of 79 sq meters or 860 sq feet when measured on 26 Jun 2010. Using an estimated price of £496,895 means this house is valued at £6,215 per sq meter (£577 per sq foot).
The average size of a house on CHERRY TREE ROAD is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Cherry Tree Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Berry Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Berry Avenue |
| Feb 2024 | Anti-social behaviour | On or near Berry Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Berry Avenue |