£509,244
This estimated value is based upon the latest sale price for the house of £390,000 on 31 Mar 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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278 St Albans Road, Watford, WD24 6PE
Phone: 01923728034
| Price Paid | Date |
|---|---|
| £390,000 | 31 Mar 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 March 2017 the House Price Index for HERTFORDSHIRE was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £390,000 results in an estimated price of approximately £509,244.
| 31 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £390,000 | £119,244 | £509,244 |
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 | 19.377 % | £75,569 | £465,569 |
| 3 Month Average | 14.547 % | £56,732 | £446,732 |
| 6 Month Average | 16.751 % | £65,327 | £455,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £410,000 | £410,000 | 11 OAKDENE ROAD |
| 4 Mar 2024 | £482,412 | £475,000 | 18 HAZEL TREE ROAD |
| 14 Sep 2023 | £475,482 | £465,000 | 69 LEGGATTS WOOD AVENUE |
| 17 Mar 2023 | £518,662 | £510,000 | 45 LEGGATTS WOOD AVENUE |
| 24 Jun 2022 | £499,234 | £488,562 | 15 OAKDENE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 20 Feb 2017. Using an estimated price of £509,244 means this house is valued at £7,172 per sq meter (£666 per sq foot).
The average size of a house on OAKDENE ROAD is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Hazel Tree Road | |
| Oct 2024 | Public order | Under investigation | On or near Hazel Tree Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hazel Tree Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hazel Tree Road |
| Sep 2024 | Theft from the person | Under investigation | On or near Hazel Tree Road |