£391,472
This estimated value is based upon the latest sale price for the house of £235,000 on 2 Aug 2013. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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278 St Albans Road, Watford, WD24 6PE
Phone: 01923728034
| Price Paid | Date |
|---|---|
| £235,000 | 2 Aug 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 48 sq meters or 516 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 2013 the House Price Index for HERTFORDSHIRE was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £235,000 results in an estimated price of approximately £391,472.
| 2 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £235,000 | £156,472 | £391,472 |
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 | 79.355 % | £186,484 | £421,484 |
| 3 Month Average | 79.444 % | £186,693 | £421,693 |
| 6 Month Average | 83.460 % | £196,131 | £431,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Oct 2024 | £565,000 | £565,000 | 52 THE HAREBREAKS |
| 30 Apr 2024 | £416,114 | £412,500 | 424 ST ALBANS ROAD |
| 3 Nov 2023 | £548,934 | £535,000 | 30 ST GEORGES ROAD |
| 4 Apr 2023 | £564,216 | £553,663 | 329 ST ALBANS ROAD |
| 8 Mar 2022 | £259,939 | £249,000 | 40A THE HAREBREAKS |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 24 Mar 2016. Using an estimated price of £391,473 means this house is valued at £8,155 per sq meter (£757 per sq foot).
The average size of a house on NICHOLAS CLOSE is 101 sq meters (1,091 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Nicholas Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Nicholas Close |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Nicholas Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Nicholas Close |
| Oct 2024 | Anti-social behaviour | On or near Longspring |