£431,282
This estimated value is based upon the latest sale price for the house of £350,000 on 14 May 2020. 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 Cromer Road
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242 St. Albans Road, Watford, WD24 4AU
Phone: 01923868025
| Price Paid | Date |
|---|---|
| £350,000 | 14 May 2020 |
| £357,500 | 22 Mar 2016 |
| £212,500 | 24 Jun 2011 |
| £212,000 | 26 Sep 2008 |
| £150,000 | 30 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 May 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £350,000 results in an estimated price of approximately £431,282.
| 14 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £350,000 | £81,282 | £431,282 |
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 | -25.188 % | £-88,156 | £261,843 |
| 3 Month Average | 13.321 % | £46,623 | £396,623 |
| 6 Month Average | 6.738 % | £23,584 | £373,584 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £385,000 | £385,000 | 5 BALMORAL ROAD |
| 6 Oct 2023 | £460,458 | £450,000 | 47 YARMOUTH ROAD |
| 11 Sep 2023 | £393,678 | £385,000 | 4 THE COURTYARD, 2A CROMER ROAD |
| 10 Aug 2023 | £366,612 | £360,000 | 1 CROMER ROAD |
| 24 Feb 2023 | £463,093 | £460,000 | 42 BALMORAL ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 29 Nov 2019. Using an estimated price of £431,282 means this house is valued at £6,534 per sq meter (£607 per sq foot).
The average size of a house on CROMER ROAD is 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Cromer Road |
| Jul 2024 | Public order | Formal action is not in the public interest | On or near Cromer Road |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cromer Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cromer Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Cromer Road |