£1,514,530
This estimated value is based upon the latest sale price for the house of £1,110,000 on 28 Apr 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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299 Watling Street, Radlett, WD7 7LA
Phone: 01923588263
| Price Paid | Date |
|---|---|
| £1,110,000 | 28 Apr 2016 |
| £860,000 | 16 Feb 2016 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 2016 the House Price Index for HERTFORDSHIRE was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £1,110,000 results in an estimated price of approximately £1,514,530.
| 28 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £1,110,000 | £404,530 | £1,514,530 |
The Postcode Pricing Model uses changes in average sales price within the WD7 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 | 2.779 % | £30,846 | £1,140,846 |
| 3 Month Average | -18.722 % | £-207,817 | £902,182 |
| 6 Month Average | 0.677 % | £7,515 | £1,117,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jul 2024 | £1,360,000 | £1,360,000 | 35 HOMEFIELD ROAD |
| 11 Dec 2023 | £794,411 | £770,000 | 5 HEYFORD ROAD |
| 17 Nov 2023 | £836,227 | £815,000 | 15 HEYFORD ROAD |
| 30 Jun 2023 | £3,867,505 | £3,790,000 | 59 LOOM LANE |
| 29 Jun 2023 | £1,326,585 | £1,300,000 | 39 THE RIDGEWAY |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 23 Oct 2014. Using an estimated price of £1,514,530 means this house is valued at £11,302 per sq meter (£1,050 per sq foot).
The average size of a house on HOMEFIELD ROAD is 235 sq meters (2,535 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near The Ridgeway |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Loom Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Loom Lane |
| Oct 2024 | Burglary | Under investigation | On or near The Pathway |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near The Pathway |