£601,486
This estimated value is based upon the latest sale price for the house of £515,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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116 High Street, Bushey, WD23 3DE
Phone: 02036414184
| Price Paid | Date |
|---|---|
| £515,000 | 27 Nov 2020 |
| £257,500 | 20 Mar 2006 |
| £98,000 | 31 Aug 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 November 2020 the House Price Index for HERTFORDSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £515,000 results in an estimated price of approximately £601,486.
| 27 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £515,000 | £86,486 | £601,486 |
The Postcode Pricing Model uses changes in average sales price within the WD23 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 | -3.014 % | £-15,520 | £499,479 |
| 3 Month Average | 10.566 % | £54,416 | £569,416 |
| 6 Month Average | 7.920 % | £40,786 | £555,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £262,000 | £262,000 | FLAT 12 16 MELBOURNE ROAD |
| 19 Apr 2024 | £358,110 | £355,000 | 16A MELBOURNE ROAD |
| 19 Apr 2024 | £274,170 | £271,789 | FLAT 10 16 MELBOURNE ROAD |
| 3 Apr 2024 | £380,303 | £377,000 | FLAT 16 16 MELBOURNE ROAD |
| 28 Mar 2024 | £457,022 | £450,000 | FLAT 14 16 MELBOURNE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 3 Sep 2020. Using an estimated price of £601,487 means this house is valued at £7,518 per sq meter (£698 per sq foot).
The average size of a house on MELBOURNE ROAD is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Herkomer Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Castle Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Close |