£499,325
This estimated value is based upon the latest sale price for the house of £500,000 on 1 Jul 2022. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Silk Mill Road
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Block B, Wilmington Close, Watford, WD18 0AF
Phone: 01923588908
| Price Paid | Date |
|---|---|
| £500,000 | 1 Jul 2022 |
| £408,000 | 16 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 July 2022 the House Price Index for HERTFORDSHIRE was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £500,000 results in an estimated price of approximately £499,325.
| 1 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £500,000 | £-674 | £499,325 |
The Postcode Pricing Model uses changes in average sales price within the WD19 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 | -51.416 % | £-257,080 | £242,919 |
| 3 Month Average | -12.865 % | £-64,327 | £435,672 |
| 6 Month Average | 0.660 % | £3,298 | £503,298 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £631,956 | £620,000 | 14 BROOKMILL CLOSE |
| 17 Aug 2023 | £442,692 | £440,000 | 21 SILK MILL ROAD |
| 31 Mar 2023 | £382,065 | £380,000 | 74 SILK MILL ROAD |
| 12 Aug 2022 | £432,081 | £435,000 | 57 SILK MILL ROAD |
| 12 Aug 2022 | £471,812 | £475,000 | 1C SILK MILL ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 20 Feb 2016. Using an estimated price of £499,325 means this house is valued at £5,369 per sq meter (£498 per sq foot).
The average size of a house on SILK MILL ROAD is 76 sq meters (825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Silk Mill Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Silk Mill Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Silk Mill Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Silk Mill Road |
| Apr 2024 | Anti-social behaviour | On or near Russell Way |