£492,155
This estimated value is based upon the latest sale price for the house of £262,500 on 28 Apr 2005. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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4 Garston Park Parade, Watford, WD25 9LQ
Phone: 01923908893
Price Paid | Date |
---|---|
£262,500 | 28 Apr 2005 |
Detached |
Freehold |
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 April 2005 the House Price Index for HERTFORDSHIRE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £262,500 results in an estimated price of approximately £492,155.
28 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.488 % | £262,500 | £229,655 | £492,155 |
The Postcode Pricing Model uses changes in average sales price within the WD25 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 | 186.005 % | £488,263 | £750,763 |
3 Month Average | 134.721 % | £353,642 | £616,142 |
6 Month Average | 122.116 % | £320,553 | £583,053 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £583,972 | £575,000 | 18 CRANEFIELD DRIVE |
23 Mar 2022 | £809,048 | £775,000 | 56 BUCKNALLS LANE |
21 Dec 2021 | £465,182 | £431,000 | 51 LEMONFIELD DRIVE |
24 Nov 2021 | £871,616 | £800,000 | 14 BUCKNALLS LANE |
4 Jun 2021 | £978,184 | £905,000 | 4 BUCKNALLS LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Cranefield Drive | |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Bridger Close |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farriers Way |