£2,789,621
This estimated value is based upon the latest sale price for the house of £2,100,000 on 15 Sep 2016. 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 |
|---|---|
| £2,100,000 | 15 Sep 2016 |
| Freehold |
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 September 2016 the House Price Index for HERTFORDSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £2,100,000 results in an estimated price of approximately £2,789,621.
| 15 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £2,100,000 | £689,621 | £2,789,621 |
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 | -31.116 % | £-653,430 | £1,446,569 |
| 3 Month Average | 34.620 % | £727,026 | £2,827,026 |
| 6 Month Average | 14.159 % | £297,332 | £2,397,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £326,839 | £322,000 | FLAT 11 MAYFAIR COURT OBSERVER DRIVE |
| 18 Aug 2023 | £252,206 | £250,000 | 172 RICKMANSWORTH ROAD |
| 28 Jul 2022 | £365,985 | £365,000 | FLAT 13 KNIGHTSBRIDGE COURT OBSERVER DRIVE |
| 3 May 2022 | £364,875 | £358,000 | FLAT 17 KNIGHTSBRIDGE COURT OBSERVER DRIVE |
| 18 Mar 2022 | £203,107 | £196,000 | FLAT C 174 RICKMANSWORTH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Observer Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Chase |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Alwin Place |
| Mar 2024 | Burglary | Under investigation | On or near Metropolitan Mews |
| Feb 2024 | Anti-social behaviour | On or near Metropolitan Mews |