£453,134
This estimated value is based upon the latest sale price for the house of £325,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Suite 4, Building 4, Hatters Lane, Watford, WD18 8YF
Phone: 01322584475
| Price Paid | Date |
|---|---|
| £325,000 | 18 Dec 2015 |
| £222,500 | 23 Jul 2012 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 653 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 2015 the House Price Index for HERTFORDSHIRE was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £325,000 results in an estimated price of approximately £453,134.
| 18 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £325,000 | £128,134 | £453,134 |
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 | 20.083 % | £65,270 | £390,270 |
| 3 Month Average | 7.997 % | £25,990 | £350,990 |
| 6 Month Average | 36.709 % | £119,304 | £444,304 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £461,720 | £450,000 | 356 CROXLEY VIEW |
| 9 Oct 2023 | £260,926 | £255,000 | 85 MISSENDEN HOUSE CHENIES WAY |
| 1 Aug 2023 | £473,541 | £465,000 | 1 CHENIES WAY |
| 24 Mar 2023 | £183,057 | £180,000 | 33 WENDOVER HOUSE CHENIES WAY |
| 19 Aug 2022 | £437,044 | £435,000 | 342 CROXLEY VIEW |
This house has a floor area of 60 sq meters or 653 sq feet when measured on 31 Mar 2011. Using an estimated price of £453,134 means this house is valued at £7,462 per sq meter (£693 per sq foot).
The average size of a house on CHENIES WAY is 61 sq meters (665 sq feet).