£350,663
This estimated value is based upon the latest sale price for the house of £285,000 on 23 Mar 2019. 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 |
|---|---|
| £285,000 | 23 Mar 2019 |
| £156,000 | 11 Aug 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 March 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £285,000 results in an estimated price of approximately £350,663.
| 23 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £285,000 | £65,663 | £350,663 |
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 | 61.439 % | £175,100 | £460,100 |
| 3 Month Average | 9.040 % | £25,763 | £310,763 |
| 6 Month Average | -8.815 % | £-25,124 | £259,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £467,845 | £465,000 | 1 CHENIES WAY |
| 18 Apr 2023 | £156,161 | £155,000 | 112 CHOLESBURY HOUSE TOLPITS LANE |
| 27 Mar 2023 | £251,359 | £250,000 | 122 CHOLESBURY HOUSE TOLPITS LANE |
| 24 Mar 2023 | £180,978 | £180,000 | 33 WENDOVER HOUSE CHENIES WAY |
| 14 Apr 2022 | £215,385 | £210,000 | 31 WENDOVER HOUSE CHENIES WAY |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 24 Aug 2018. Using an estimated price of £350,664 means this house is valued at £5,394 per sq meter (£501 per sq foot).
The average size of a house on CHENIES WAY is 61 sq meters (665 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 |