£1,575,836
This estimated value is based upon the latest sale price for the house of £1,250,000 on 23 Nov 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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54 Watling Street, Radlett, WD7 7NN
Phone: 01923908797
Price Paid | Date |
---|---|
£1,250,000 | 23 Nov 2017 |
Detached |
Freehold |
Floor Area: 194 sq meters or 2,088 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 November 2017 the House Price Index for HERTFORDSHIRE was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £1,250,000 results in an estimated price of approximately £1,575,836.
23 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £1,250,000 | £325,836 | £1,575,836 |
The Postcode Pricing Model uses changes in average sales price within the WD7 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 | 241.555 % | £3,019,431 | £4,269,431 |
3 Month Average | 125.735 % | £1,571,691 | £2,821,691 |
6 Month Average | 18.385 % | £229,818 | £1,479,818 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2022 | £1,994,631 | £2,000,000 | 20 WATFORD ROAD |
1 Jun 2022 | £1,841,017 | £1,815,000 | 21 GILLS HILL |
19 May 2022 | £1,462,558 | £1,435,000 | 34 WATFORD ROAD |
19 May 2022 | £738,923 | £725,000 | 19 HAWKESLEY COURT WATFORD ROAD |
28 Apr 2022 | £2,111,088 | £2,050,000 | 11 GILLS HILL LANE |
This house has a floor area of 194 sq meters or 2,088 sq feet when measured on 31 Aug 2012. Using an estimated price of £1,575,836 means this house is valued at £8,122 per sq meter (£754 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Scotscraig |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gills Hill |
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Mar 2024 | Burglary | Under investigation | On or near Watford Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hawtrees |