£600,750
This estimated value is based upon the latest sale price for the house of £355,000 on 16 Nov 2012. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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9 Middle Down, Wall Hall Drive, Watford, WD25 8BW
Phone: 02077686674
| Price Paid | Date |
|---|---|
| £355,000 | 16 Nov 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 November 2012 the House Price Index for HERTFORDSHIRE was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £355,000 results in an estimated price of approximately £600,750.
| 16 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £355,000 | £245,750 | £600,750 |
The Postcode Pricing Model uses changes in average sales price within the WD23 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 | -3.826 % | £-13,581 | £341,418 |
| 3 Month Average | 40.641 % | £144,274 | £499,274 |
| 6 Month Average | 54.404 % | £193,134 | £548,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £456,762 | £450,000 | 18 DUNCAN WAY |
| 11 Jul 2023 | £8,514,597 | £8,400,000 | UNIT 3 OTTERSPOOL WAY |
| 21 Jun 2023 | £222,698 | £220,000 | FLAT 7 AVALON COURT HARTSWOOD CLOSE |
| 3 Oct 2022 | £608,449 | £615,000 | 483 PARK AVENUE |
| 26 Aug 2022 | £598,389 | £600,000 | 25 DUNCAN WAY |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 11 Sep 2012. Using an estimated price of £600,751 means this house is valued at £5,511 per sq meter (£512 per sq foot).
The average size of a house on PARK AVENUE is 92 sq meters (995 sq feet).