£225,653
This estimated value is based upon the latest sale price for the house of £137,500 on 9 Feb 2007. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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12 Market Street, Watford, WD18 0PD
Phone: 01923588895
| Price Paid | Date |
|---|---|
| £137,500 | 9 Feb 2007 |
| £108,000 | 29 May 2002 |
| £44,500 | 12 May 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 34 sq meters or 365 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 2007 the House Price Index for HERTFORDSHIRE was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £137,500 results in an estimated price of approximately £225,653.
| 9 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 149.7 | 64.111 % | £137,500 | £88,153 | £225,653 |
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 | 51.054 % | £70,199 | £207,699 |
| 3 Month Average | 72.914 % | £100,256 | £237,756 |
| 6 Month Average | 70.682 % | £97,187 | £234,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jul 2024 | £450,000 | £450,000 | 57 MARKET STREET |
| 20 May 2024 | £8,950,000 | £8,950,000 | 23 - 25 MARKET STREET |
| 14 Sep 2023 | £342,551 | £335,000 | 25 ST MARYS ROAD |
| 24 Sep 2021 | £390,805 | £360,000 | 30 ST MARYS ROAD |
| 3 Sep 2021 | £814,177 | £750,000 | 41 MARKET STREET |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 15 Nov 2019. Using an estimated price of £225,653 means this house is valued at £6,636 per sq meter (£616 per sq foot).
The average size of a house on EXCHANGE ROAD is 42 sq meters (456 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Vehicle crime | Under investigation | On or near Market Street |
| Nov 2024 | Shoplifting | Under investigation | On or near Market Street |
| Oct 2024 | Anti-social behaviour | On or near Market Street | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Market Street |
| Oct 2024 | Anti-social behaviour | On or near Market Street |