£478,219
This estimated value is based upon the latest sale price for the house of £285,000 on 3 Jun 2013. 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 |
|---|---|
| £285,000 | 3 Jun 2013 |
| £275,000 | 22 Oct 2010 |
| £241,500 | 22 Dec 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 899 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 June 2013 the House Price Index for HERTFORDSHIRE was 89.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.796%.Applying this 67.796% change to the original purchase price of £285,000 results in an estimated price of approximately £478,219.
| 3 Jun 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 149.7 | 67.796 % | £285,000 | £193,219 | £478,219 |
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 | 80.772 % | £230,200 | £515,200 |
| 3 Month Average | 78.241 % | £222,985 | £507,985 |
| 6 Month Average | 84.339 % | £240,365 | £525,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £518,000 | £518,000 | 58 BUSHEY MILL CRESCENT |
| 5 Sep 2023 | £552,172 | £540,000 | 139 BUSHEY MILL CRESCENT |
| 8 Aug 2023 | £585,561 | £575,000 | 45 BUSHEY MILL CRESCENT |
| 28 Apr 2023 | £619,589 | £608,000 | 125 BUSHEY MILL CRESCENT |
| 20 Jul 2022 | £580,820 | £575,000 | 13 BUSHEY MILL CRESCENT |
This house has a floor area of 83 sq meters or 899 sq feet when measured on 11 Jun 2010. Using an estimated price of £478,219 means this house is valued at £5,721 per sq meter (£531 per sq foot).
The average size of a house on BUSHEY MILL CRESCENT is 96 sq meters (1,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Bushey Mill Crescent |