£405,457
This estimated value is based upon the latest sale price for the house of £400,000 on 10 Jul 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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278 St Albans Road, Watford, WD24 6PE
Phone: 01923728034
| Price Paid | Date |
|---|---|
| £400,000 | 10 Jul 2023 |
| £275,000 | 12 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 735 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 July 2023 the House Price Index for HERTFORDSHIRE was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £400,000 results in an estimated price of approximately £405,457.
| 10 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £400,000 | £5,457 | £405,457 |
The Postcode Pricing Model uses changes in average sales price within the WD24 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 | 1.646 % | £6,583 | £406,583 |
| 3 Month Average | 7.448 % | £29,791 | £429,791 |
| 6 Month Average | 5.369 % | £21,474 | £421,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £450,000 | £450,000 | 67 SANDOWN ROAD |
| 7 Sep 2023 | £420,375 | £415,000 | 23 PARKGATE ROAD |
| 10 Jul 2023 | £405,457 | £400,000 | 7 SOUTHWOLD ROAD |
| 17 Apr 2023 | £521,616 | £516,000 | 29 WINDSOR ROAD |
| 28 Jul 2022 | £421,134 | £420,000 | 51 WINDSOR ROAD |
This house has a floor area of 68 sq meters or 735 sq feet when measured on 14 Jul 2010. Using an estimated price of £405,457 means this house is valued at £5,930 per sq meter (£550 per sq foot).
The average size of a house on SOUTHWOLD ROAD is 40 sq meters (440 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Windsor Road | |
| Feb 2024 | Anti-social behaviour | On or near Windsor Road | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sandown Road |
| Jan 2024 | Burglary | Under investigation | On or near Parkgate Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Parkgate Road |