£311,514
This estimated value is based upon the latest sale price for the house of £302,500 on 6 Apr 2022. 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 |
---|---|
£302,500 | 6 Apr 2022 |
£295,000 | 1 Nov 2019 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 667 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 April 2022 the House Price Index for HERTFORDSHIRE was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £302,500 results in an estimated price of approximately £311,514.
6 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £302,500 | £9,014 | £311,514 |
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 | 57.537 % | £174,049 | £476,549 |
3 Month Average | 22.547 % | £68,204 | £370,704 |
6 Month Average | 9.291 % | £28,106 | £330,606 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £372,766 | £368,000 | 24 FEARNLEY STREET |
1 Sep 2023 | £326,170 | £322,000 | 34 MERTON ROAD |
31 Aug 2023 | £378,310 | £375,000 | 5 ADDISCOMBE ROAD |
15 Aug 2023 | £393,442 | £390,000 | 82 FEARNLEY STREET |
28 Jul 2023 | £385,184 | £380,000 | 38 ADDISCOMBE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 7 Aug 2019. Using an estimated price of £311,514 means this house is valued at £5,024 per sq meter (£466 per sq foot).
There is one other house on the street which we know the size of, this is 2 CLARK MEWS it is 63.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Clark Mews | |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clark Mews |
Jan 2024 | Public order | Under investigation | On or near Clark Mews |
Mar 2024 | Anti-social behaviour | On or near Victoria Passage | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Victoria Passage |