£300,174
This estimated value is based upon the latest sale price for the house of £174,100 on 8 Dec 2010. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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54 Market Street, Watford, WD18 0PY
Phone: 01923728433
Price Paid | Date |
---|---|
£174,100 | 8 Dec 2010 |
£99,000 | 8 Jun 2001 |
£40,000 | 8 Jun 1998 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 658 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 2010 the House Price Index for HERTFORDSHIRE was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £174,100 results in an estimated price of approximately £300,174.
8 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.8 | 149.7 | 72.415 % | £174,100 | £126,074 | £300,174 |
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 | 71.916 % | £125,206 | £299,306 |
3 Month Average | 69.580 % | £121,139 | £295,239 |
6 Month Average | 92.641 % | £161,288 | £335,388 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £601,482 | £583,000 | 97 MARKET STREET |
14 Sep 2023 | £342,551 | £335,000 | 25 ST MARYS ROAD |
1 Sep 2023 | £329,258 | £322,000 | 34 MERTON ROAD |
17 Feb 2023 | £126,847 | £126,000 | 28A VICARAGE ROAD |
11 Nov 2022 | £273,720 | £275,000 | 63 FEARNLEY STREET |
This house has a floor area of 61 sq meters or 658 sq feet when measured on 21 Jun 2010. Using an estimated price of £300,175 means this house is valued at £4,904 per sq meter (£455 per sq foot).
The average size of a house on MERTON ROAD is 62 sq meters (670 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Merton Road |
Jul 2024 | Drugs | Under investigation | On or near Merton Road |
Jul 2024 | Anti-social behaviour | On or near Merton Road | |
Jul 2024 | Anti-social behaviour | On or near Merton Road | |
Jul 2024 | Anti-social behaviour | On or near Merton Road |