£511,619
This estimated value is based upon the latest sale price for the house of £500,000 on 18 Oct 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Suite 4, Building 4, Hatters Lane, Watford, WD18 8YF
Phone: 01322584475
Price Paid | Date |
---|---|
£500,000 | 18 Oct 2023 |
Semi-Detached |
Freehold |
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 2023 the House Price Index for HERTFORDSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £500,000 results in an estimated price of approximately £511,619.
18 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £500,000 | £11,619 | £511,619 |
The Postcode Pricing Model uses changes in average sales price within the WD18 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 | 100.818 % | £504,090 | £1,004,090 |
3 Month Average | -0.509 % | £-2,545 | £497,454 |
6 Month Average | 12.223 % | £61,114 | £561,114 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Oct 2023 | £511,620 | £500,000 | 18 KING GEORGES AVENUE |
7 Sep 2023 | £230,072 | £225,000 | 6 HANOVER COURT, 85 - 87 KING GEORGES AVENUE |
30 Aug 2023 | £585,561 | £575,000 | 458 WHIPPENDELL ROAD |
20 Apr 2023 | £718,438 | £705,000 | 440 WHIPPENDELL ROAD |
4 Aug 2022 | £562,631 | £560,000 | 464 WHIPPENDELL ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alwin Place |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alwin Place |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Alwin Place |
May 2024 | Violence and sexual offences | Under investigation | On or near Alwin Place |
May 2024 | Anti-social behaviour | On or near Alwin Place |