£463,551
This estimated value is based upon the latest sale price for the house of £375,000 on 8 May 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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278 St Albans Road, Watford, WD24 6PE
Phone: 01923728034
| Price Paid | Date |
|---|---|
| £375,000 | 8 May 2019 |
| £222,000 | 20 Apr 2007 |
| £189,950 | 17 Dec 2004 |
| £124,950 | 6 Jun 2000 |
| £78,000 | 17 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2019 the House Price Index for HERTFORDSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £375,000 results in an estimated price of approximately £463,551.
| 8 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £375,000 | £88,551 | £463,551 |
The Postcode Pricing Model uses changes in average sales price within the WD24 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 | 41.094 % | £154,102 | £529,102 |
| 3 Month Average | 21.364 % | £80,116 | £455,116 |
| 6 Month Average | 21.371 % | £80,142 | £455,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £400,000 | £400,000 | 32 PARKGATE ROAD |
| 7 Sep 2023 | £420,375 | £415,000 | 23 PARKGATE ROAD |
| 30 Jun 2023 | £240,412 | £237,500 | 326A ST ALBANS ROAD |
| 30 Jun 2023 | £435,273 | £430,000 | 22 PARKGATE ROAD |
| 9 Jan 2023 | £348,359 | £350,000 | 350B ST ALBANS ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 22 Feb 2019. Using an estimated price of £463,552 means this house is valued at £5,390 per sq meter (£500 per sq foot).
The average size of a house on SANDRINGHAM ROAD is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Sandringham Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A412 |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near A412 |
| Mar 2024 | Vehicle crime | Under investigation | On or near A412 |
| Jan 2024 | Anti-social behaviour | On or near A412 |