£504,445
This estimated value is based upon the latest sale price for the house of £313,500 on 29 Jan 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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190 Bushey Mill Lane, Watford, WD24 7PE
Phone: 01923588792
| Price Paid | Date |
|---|---|
| £313,500 | 29 Jan 2014 |
| £222,000 | 12 Jan 2007 |
| £185,000 | 20 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 January 2014 the House Price Index for HERTFORDSHIRE was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £313,500 results in an estimated price of approximately £504,445.
| 29 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £313,500 | £190,945 | £504,445 |
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 | 24.844 % | £77,885 | £391,385 |
| 3 Month Average | 27.554 % | £86,380 | £399,880 |
| 6 Month Average | 29.990 % | £94,017 | £407,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £600,000 | £600,000 | 72 MILL WAY |
| 19 Dec 2023 | £567,436 | £550,000 | 48 MEAD WAY |
| 25 Apr 2022 | £658,763 | £635,000 | 40 MEAD WAY |
| 10 Mar 2022 | £626,360 | £600,000 | 107 MILL WAY |
| 25 Feb 2022 | £492,309 | £466,000 | 17 MEAD WAY |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 1 Oct 2015. Using an estimated price of £504,446 means this house is valued at £5,366 per sq meter (£498 per sq foot).
The average size of a house on MEAD WAY is 93 sq meters (1,008 sq feet).