£1,035,077
This estimated value is based upon the latest sale price for the house of £856,000 on 20 Jul 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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199 Watling Street, Radlett, WD7 7NQ
Phone: 01923908581
| Price Paid | Date |
|---|---|
| £856,000 | 20 Jul 2020 |
| £420,000 | 21 Mar 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 July 2020 the House Price Index for HERTFORDSHIRE was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £856,000 results in an estimated price of approximately £1,035,077.
| 20 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £856,000 | £179,077 | £1,035,077 |
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 | -7.767 % | £-66,488 | £789,511 |
| 3 Month Average | -10.623 % | £-90,933 | £765,066 |
| 6 Month Average | 18.205 % | £155,831 | £1,011,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £709,204 | £703,000 | 22 UPPER STATION ROAD |
| 9 Jun 2023 | £435,273 | £430,000 | FLAT 16, 201 WATLING STREET |
| 15 Mar 2023 | £1,110,462 | £1,100,000 | 23 THE GROVE |
| 16 Aug 2022 | £500,652 | £502,000 | 2 UPPER STATION ROAD |
| 22 Jul 2022 | £1,504,049 | £1,500,000 | 1 WOOTTON CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 21 Feb 2020. Using an estimated price of £1,035,077 means this house is valued at £9,079 per sq meter (£843 per sq foot).
The average size of a house on PARK ROAD is 123 sq meters (1,326 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wootton Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wootton Close |
| Dec 2023 | Anti-social behaviour | On or near Wootton Close | |
| Dec 2023 | Anti-social behaviour | On or near Wootton Close |