£307,813
This estimated value is based upon the latest sale price for the house of £300,000 on 24 Nov 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 |
|---|---|
| £300,000 | 24 Nov 2023 |
| £207,400 | 30 Jun 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 120 sq meters or 1,291 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 2023 the House Price Index for HERTFORDSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £300,000 results in an estimated price of approximately £307,813.
| 24 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £300,000 | £7,813 | £307,813 |
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 | 8.598 % | £25,794 | £325,794 |
| 3 Month Average | 3.858 % | £11,575 | £311,575 |
| 6 Month Average | -2.381 % | £-7,143 | £292,856 |
| 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 120 sq meters or 1,291 sq feet when measured on 17 Oct 2019. Using an estimated price of £307,814 means this house is valued at £2,565 per sq meter (£238 per sq foot).
The average size of a house on WHIPPENDELL ROAD is 78 sq meters (849 sq feet).