£599,163
This estimated value is based upon the latest sale price for the house of £485,000 on 26 Mar 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Suite 4, Building 4, Hatters Lane, Watford, WD18 8YF
Phone: 01322584475
| Price Paid | Date |
|---|---|
| £485,000 | 26 Mar 2019 |
| £171,995 | 24 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 March 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £485,000 results in an estimated price of approximately £599,163.
| 26 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £485,000 | £114,163 | £599,163 |
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 | -15.088 % | £-73,179 | £411,820 |
| 3 Month Average | 7.860 % | £38,121 | £523,121 |
| 6 Month Average | -3.573 % | £-17,330 | £467,669 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £353,089 | £350,000 | 24 BYEWATERS |
| 7 Aug 2023 | £302,648 | £300,000 | 42 BYEWATERS |
| 3 Aug 2023 | £509,457 | £505,000 | 52 BYEWATERS |
| 30 Mar 2023 | £494,660 | £490,000 | 3 HECKFORD CLOSE |
| 16 Feb 2023 | £541,636 | £542,000 | 18 HECKFORD CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 12 Sep 2018. Using an estimated price of £599,163 means this house is valued at £6,886 per sq meter (£639 per sq foot).
The average size of a house on GILL CLOSE is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Gill Close | |
| Feb 2024 | Anti-social behaviour | On or near Gill Close | |
| Feb 2024 | Anti-social behaviour | On or near Gill Close | |
| Feb 2024 | Anti-social behaviour | On or near Gill Close | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gill Close |