£203,669
This estimated value is based upon the latest sale price for the house of £195,000 on 2 Feb 2022. 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 |
|---|---|
| £195,000 | 2 Feb 2022 |
| £180,000 | 16 Apr 2018 |
| £124,950 | 12 Oct 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 653 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 February 2022 the House Price Index for HERTFORDSHIRE was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £195,000 results in an estimated price of approximately £203,669.
| 2 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £195,000 | £8,669 | £203,669 |
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 | 60.258 % | £117,504 | £312,504 |
| 3 Month Average | 35.087 % | £68,419 | £263,419 |
| 6 Month Average | 3.765 % | £7,342 | £202,342 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £467,845 | £465,000 | 1 CHENIES WAY |
| 23 Jun 2023 | £252,044 | £250,000 | 11 CHIDBROOK HOUSE TOLPITS LANE |
| 18 Apr 2023 | £156,161 | £155,000 | 112 CHOLESBURY HOUSE TOLPITS LANE |
| 30 Mar 2023 | £261,413 | £260,000 | 11 BENNECK HOUSE TOLPITS LANE |
| 27 Mar 2023 | £251,359 | £250,000 | 122 CHOLESBURY HOUSE TOLPITS LANE |
This house has a floor area of 60 sq meters or 653 sq feet when measured on 4 May 2010. Using an estimated price of £203,670 means this house is valued at £3,357 per sq meter (£311 per sq foot).
The average size of a house on TOLPITS LANE is 62 sq meters (669 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Chenies Way |
| Mar 2024 | Anti-social behaviour | On or near Chenies Way | |
| Mar 2024 | Anti-social behaviour | On or near Chenies Way | |
| Feb 2024 | Anti-social behaviour | On or near Chenies Way | |
| Feb 2024 | Anti-social behaviour | On or near Chenies Way |