£423,895
This estimated value is based upon the latest sale price for the house of £95,000 on 11 May 1999. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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54 Market Street, Watford, WD18 0PY
Phone: 01923728433
| Price Paid | Date |
|---|---|
| £95,000 | 11 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 May 1999 the House Price Index for HERTFORDSHIRE was 33.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 346.205%.Applying this 346.205% change to the original purchase price of £95,000 results in an estimated price of approximately £423,895.
| 11 May 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 149.7 | 346.205 % | £95,000 | £328,895 | £423,895 |
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 | 227.189 % | £215,829 | £310,829 |
| 3 Month Average | 288.086 % | £273,681 | £368,681 |
| 6 Month Average | 300.618 % | £285,586 | £380,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jul 2024 | £450,000 | £450,000 | 57 MARKET STREET |
| 14 Sep 2023 | £342,551 | £335,000 | 25 ST MARYS ROAD |
| 24 Sep 2021 | £390,805 | £360,000 | 30 ST MARYS ROAD |
| 3 Sep 2021 | £814,177 | £750,000 | 41 MARKET STREET |
| 25 Jun 2021 | £216,173 | £200,000 | FLAT 15 THE ROOF GARDENS, 118 EXCHANGE ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 4 May 2017. Using an estimated price of £423,895 means this house is valued at £3,562 per sq meter (£330 per sq foot).
The average size of a house on VICARAGE ROAD is 80 sq meters (867 sq feet).