£423,866
This estimated value is based upon the latest sale price for the house of £345,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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242 St. Albans Road, Watford, WD24 4AU
Phone: 01923868025
| Price Paid | Date |
|---|---|
| £345,000 | 14 Dec 2018 |
| £205,000 | 2 May 2008 |
| £67,000 | 31 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 December 2018 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £345,000 results in an estimated price of approximately £423,866.
| 14 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £345,000 | £78,866 | £423,866 |
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 | -17.853 % | £-61,594 | £283,405 |
| 3 Month Average | -1.490 % | £-5,140 | £339,859 |
| 6 Month Average | 1.169 % | £4,032 | £349,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £362,203 | £360,000 | 1 CROMER ROAD |
| 24 Feb 2023 | £457,835 | £460,000 | 42 BALMORAL ROAD |
| 7 Oct 2022 | £411,385 | £417,500 | 4 CROMER ROAD |
| 4 May 2022 | £354,266 | £349,000 | 54 YARMOUTH ROAD |
| 14 Apr 2022 | £376,923 | £367,500 | 45 CROMER ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 7 Jun 2018. Using an estimated price of £423,866 means this house is valued at £6,422 per sq meter (£596 per sq foot).
The average size of a house on CROMER ROAD is 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Cromer Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cromer Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromer Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Cromer Road |
| Mar 2024 | Anti-social behaviour | On or near Cromer Road |