£254,612
This estimated value is based upon the latest sale price for the house of £249,000 on 29 Sep 2023. 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 |
|---|---|
| £249,000 | 29 Sep 2023 |
| £240,000 | 7 Sep 2018 |
| £188,000 | 25 Jul 2014 |
| £175,000 | 3 Oct 2007 |
| £139,000 | 23 Jun 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 September 2023 the House Price Index for HERTFORDSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £249,000 results in an estimated price of approximately £254,612.
| 29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £249,000 | £5,612 | £254,612 |
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 | -24.751 % | £-61,630 | £187,369 |
| 3 Month Average | -12.433 % | £-30,958 | £218,041 |
| 6 Month Average | 1.650 % | £4,108 | £253,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £307,447 | £298,000 | FLAT 27 533 WHIPPENDELL ROAD |
| 24 Nov 2023 | £307,814 | £300,000 | FLAT 36 533 WHIPPENDELL ROAD |
| 29 Sep 2023 | £254,613 | £249,000 | FLAT 16 533 WHIPPENDELL ROAD |
| 28 Mar 2023 | £203,397 | £200,000 | FLAT 2 LUCIDA COURT, 534 - 536 WHIPPENDELL ROAD |
| 31 Aug 2022 | £271,268 | £270,000 | 2 ASCOT EDGE, 530 WHIPPENDELL ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 20 Mar 2018. Using an estimated price of £254,613 means this house is valued at £5,092 per sq meter (£473 per sq foot).
The average size of a house on WHIPPENDELL ROAD is 78 sq meters (849 sq feet).