£636,536
This estimated value is based upon the latest sale price for the house of £510,000 on 6 Mar 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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190 Bushey Mill Lane, Watford, WD24 7PE
Phone: 01923588792
| Price Paid | Date |
|---|---|
| £510,000 | 6 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 March 2018 the House Price Index for HERTFORDSHIRE was 118.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.811%.Applying this 24.811% change to the original purchase price of £510,000 results in an estimated price of approximately £636,536.
| 6 Mar 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.0 | 24.811 % | £510,000 | £126,536 | £636,536 |
The Postcode Pricing Model uses changes in average sales price within the WD23 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 | -40.012 % | £-204,060 | £305,939 |
| 3 Month Average | -5.535 % | £-28,230 | £481,769 |
| 6 Month Average | 7.452 % | £38,003 | £548,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £674,099 | £670,000 | 147 MILL WAY |
| 11 Aug 2023 | £722,393 | £718,000 | 135 MILL WAY |
| 6 Jul 2022 | £611,174 | £612,000 | 163 MILL WAY |
| 25 Apr 2022 | £651,282 | £635,000 | 40 MEAD WAY |
| 10 Mar 2022 | £619,247 | £600,000 | 107 MILL WAY |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 17 Jul 2017. Using an estimated price of £636,536 means this house is valued at £5,948 per sq meter (£552 per sq foot).
The average size of a house on MILL WAY is 97 sq meters (1,049 sq feet).