£284,446
This estimated value is based upon the latest sale price for the house of £72,500 on 28 Feb 2000. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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54 Market Street, Watford, WD18 0PY
Phone: 01923728433
| Price Paid | Date |
|---|---|
| £72,500 | 28 Feb 2000 |
| £45,750 | 10 Mar 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 2000 the House Price Index for HERTFORDSHIRE was 37.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 292.341%.Applying this 292.341% change to the original purchase price of £72,500 results in an estimated price of approximately £284,446.
| 28 Feb 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.9 | 148.6 | 292.341 % | £72,500 | £211,946 | £284,446 |
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 | 182.292 % | £132,161 | £204,661 |
| 3 Month Average | 297.012 % | £215,333 | £287,833 |
| 6 Month Average | 264.656 % | £191,875 | £264,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £208,651 | £205,000 | 13 ARRAN HOUSE PIONEER WAY |
| 23 Jun 2023 | £207,514 | £205,000 | 1 GUERNSEY HOUSE PIONEER WAY |
| 23 Jun 2023 | £253,065 | £250,000 | 26 GUERNSEY HOUSE PIONEER WAY |
| 24 Mar 2023 | £222,092 | £220,000 | 11 GUERNSEY HOUSE PIONEER WAY |
| 10 Feb 2023 | £189,872 | £190,000 | 25 GUERNSEY HOUSE PIONEER WAY |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 4 Mar 2021. Using an estimated price of £284,447 means this house is valued at £6,464 per sq meter (£600 per sq foot).
The average size of a house on PIONEER WAY is 48 sq meters (525 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Pioneer Way | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Pioneer Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Pioneer Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Pioneer Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Pioneer Way |