£395,891
This estimated value is based upon the latest sale price for the house of £335,000 on 13 Oct 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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4 Garston Park Parade, Watford, WD25 9LQ
Phone: 01923908893
| Price Paid | Date |
|---|---|
| £335,000 | 13 Oct 2020 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 October 2020 the House Price Index for HERTFORDSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £335,000 results in an estimated price of approximately £395,891.
| 13 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £335,000 | £60,891 | £395,891 |
The Postcode Pricing Model uses changes in average sales price within the WD25 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 | 25.255 % | £84,604 | £419,604 |
| 3 Month Average | 12.260 % | £41,071 | £376,071 |
| 6 Month Average | 8.677 % | £29,066 | £364,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £583,972 | £575,000 | 18 CRANEFIELD DRIVE |
| 21 Dec 2021 | £465,182 | £431,000 | 51 LEMONFIELD DRIVE |
| 4 Jun 2021 | £453,964 | £420,000 | 15 CRANEFIELD DRIVE |
| 30 Oct 2020 | £525,886 | £445,000 | 24 MUTCHETTS CLOSE |
| 26 Oct 2020 | £717,923 | £607,500 | MIDWAY LEMONFIELD DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 29 Oct 2019. Using an estimated price of £395,892 means this house is valued at £4,827 per sq meter (£448 per sq foot).
The average size of a house on CRANEFIELD DRIVE is 99 sq meters (1,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Cranefield Drive | |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mutchetts Close |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Mutchetts Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lemon Field Drive |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Chichester Way |