£223,090
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 Apr 2024 is 148.0 which is a change of 62.248%.Applying this 62.248% change to the original purchase price of £137,500 results in an estimated price of approximately £223,090.
| 9 Feb 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.0 | 62.248 % | £137,500 | £85,590 | £223,090 |
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 | 157.505 % | £216,569 | £354,069 |
| 3 Month Average | 117.806 % | £161,983 | £299,483 |
| 6 Month Average | 76.866 % | £105,690 | £243,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £842,974 | £835,000 | 2 MARKET STREET |
| 21 Jul 2023 | £656,207 | £650,000 | 59A MARKET STREET |
| 24 Sep 2021 | £386,367 | £360,000 | 30 ST MARYS ROAD |
| 3 Sep 2021 | £804,931 | £750,000 | 41 MARKET STREET |
| 25 Jun 2021 | £213,718 | £200,000 | FLAT 15 THE ROOF GARDENS, 118 EXCHANGE ROAD |
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 £223,091 means this house is valued at £6,561 per sq meter (£609 per sq foot).
The average size of a house on EXCHANGE ROAD is 42 sq meters (456 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Market Street |
| Apr 2024 | Shoplifting | Under investigation | On or near Market Street |
| Apr 2024 | Other theft | Under investigation | On or near Market Street |
| Apr 2024 | Anti-social behaviour | On or near Market Street | |
| Mar 2024 | Anti-social behaviour | On or near Market Street |