£241,332
This estimated value is based upon the latest sale price for the house of £160,000 on 6 Nov 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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1 Station Approach, Oxhey, Watford, WD19 7DT
Phone: 02081150566
| Price Paid | Date |
|---|---|
| £160,000 | 6 Nov 2014 |
| £129,000 | 26 Aug 2003 |
| £84,950 | 18 Aug 2000 |
| £66,500 | 28 May 1999 |
| £48,500 | 4 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 November 2014 the House Price Index for HERTFORDSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £160,000 results in an estimated price of approximately £241,332.
| 6 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £160,000 | £81,332 | £241,332 |
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 | 80.553 % | £128,884 | £288,884 |
| 3 Month Average | 49.148 % | £78,636 | £238,636 |
| 6 Month Average | 56.331 % | £90,129 | £250,129 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2022 | £405,566 | £395,000 | 49 REDWOOD CLOSE |
| 1 Mar 2022 | £396,695 | £380,000 | 125 REDWOOD CLOSE |
| 28 Feb 2022 | £550,219 | £520,815 | 11 ALTHAM GARDENS |
| 21 Jan 2022 | £230,063 | £217,000 | 14 REDWOOD CLOSE |
| 7 Dec 2021 | £523,464 | £485,000 | 42 NORTHWICK ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 15 Jun 2020. Using an estimated price of £241,332 means this house is valued at £4,469 per sq meter (£415 per sq foot).
The average size of a house on REDWOOD CLOSE is 50 sq meters (544 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Redwood Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redwood Close |
| Jul 2024 | Anti-social behaviour | On or near Northwick Road | |
| Jul 2024 | Anti-social behaviour | On or near Northwick Road | |
| Jul 2024 | Anti-social behaviour | On or near Northwick Road |