£585,152
This estimated value is based upon the latest sale price for the house of £355,000 on 29 Oct 2013. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Penrose Avenue
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1 Station Approach, Oxhey, Watford, WD19 7DT
Phone: 02081150566
| Price Paid | Date |
|---|---|
| £355,000 | 29 Oct 2013 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 October 2013 the House Price Index for HERTFORDSHIRE was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £355,000 results in an estimated price of approximately £585,152.
| 29 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £355,000 | £230,152 | £585,152 |
The Postcode Pricing Model uses changes in average sales price within the WD19 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 | 94.424 % | £335,205 | £690,205 |
| 3 Month Average | 72.445 % | £257,180 | £612,180 |
| 6 Month Average | 74.341 % | £263,909 | £618,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £564,325 | £550,000 | 78 GREENFIELD AVENUE |
| 24 Feb 2023 | £518,463 | £515,000 | 36 MARGEHOLES |
| 11 Jul 2022 | £580,820 | £575,000 | 26 MARGEHOLES |
| 29 Jun 2022 | £354,580 | £347,000 | 66 BY THE WOOD |
| 14 Jun 2022 | £459,829 | £450,000 | 64 PENROSE AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 23 May 2013. Using an estimated price of £585,153 means this house is valued at £5,626 per sq meter (£522 per sq foot).
The average size of a house on GREENFIELD AVENUE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Penrose Avenue |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near The Courtway |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near On The Hill |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near On The Hill |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Margeholes |