£409,655
This estimated value is based upon the latest sale price for the house of £237,000 on 31 Aug 2011. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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54 Market Street, Watford, WD18 0PY
Phone: 01923728433
| Price Paid | Date |
|---|---|
| £237,000 | 31 Aug 2011 |
| £63,000 | 28 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 909 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 August 2011 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £237,000 results in an estimated price of approximately £409,655.
| 31 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £237,000 | £172,655 | £409,655 |
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 | 43.599 % | £103,328 | £340,328 |
| 3 Month Average | 114.809 % | £272,097 | £509,097 |
| 6 Month Average | 87.206 % | £206,677 | £443,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £279,133 | £275,000 | 58 WHIPPENDELL ROAD |
| 7 Jul 2022 | £436,024 | £434,850 | 1 CHESTER ROAD |
| 1 Jun 2022 | £30,430 | £30,000 | GROUND FLOOR SHOP 60 CHESTER ROAD |
| 30 May 2022 | £443,354 | £435,000 | 16 DURBAN ROAD EAST |
| 26 Nov 2021 | £379,071 | £350,500 | 7 DURBAN ROAD EAST |
This house has a floor area of 84 sq meters or 909 sq feet when measured on 27 Apr 2011. Using an estimated price of £409,655 means this house is valued at £4,846 per sq meter (£450 per sq foot).
The average size of a house on CHESTER ROAD is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Durban Road East | |
| Dec 2023 | Anti-social behaviour | On or near Durban Road East | |
| Dec 2023 | Anti-social behaviour | On or near Durban Road East |