£355,643
This estimated value is based upon the latest sale price for the house of £225,500 on 14 Feb 2014. 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 |
|---|---|
| £225,500 | 14 Feb 2014 |
| £187,000 | 19 Feb 2010 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 February 2014 the House Price Index for HERTFORDSHIRE was 93.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 57.713%.Applying this 57.713% change to the original purchase price of £225,500 results in an estimated price of approximately £355,643.
| 14 Feb 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.0 | 57.713 % | £225,500 | £130,143 | £355,643 |
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 | 155.986 % | £351,747 | £577,247 |
| 3 Month Average | 95.989 % | £216,454 | £441,954 |
| 6 Month Average | 61.059 % | £137,686 | £363,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £455,852 | £450,000 | 356 CROXLEY VIEW |
| 1 Aug 2023 | £467,845 | £465,000 | 1 CHENIES WAY |
| 24 Mar 2023 | £180,978 | £180,000 | 33 WENDOVER HOUSE CHENIES WAY |
| 19 Aug 2022 | £432,081 | £435,000 | 342 CROXLEY VIEW |
| 14 Apr 2022 | £215,385 | £210,000 | 31 WENDOVER HOUSE CHENIES WAY |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 9 Nov 2012. Using an estimated price of £355,643 means this house is valued at £5,736 per sq meter (£532 per sq foot).
The average size of a house on CHENIES WAY is 61 sq meters (665 sq feet).