£1,544,163
This estimated value is based upon the latest sale price for the house of £1,200,000 on 30 May 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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72 Watling Street, Radlett, WD7 7NP
Phone: 01923908900
| Price Paid | Date |
|---|---|
| £1,200,000 | 30 May 2017 |
| Detached |
| Freehold |
| Floor Area: 201 sq meters or 2,163 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 2017 the House Price Index for HERTFORDSHIRE was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,544,163.
| 30 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £1,200,000 | £344,163 | £1,544,163 |
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 | 312.395 % | £3,748,734 | £4,948,734 |
| 3 Month Average | 115.082 % | £1,380,978 | £2,580,978 |
| 6 Month Average | 5.761 % | £69,133 | £1,269,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £256,488 | £252,000 | 67 SCRUBBITTS SQUARE |
| 8 Jun 2023 | £334,046 | £330,000 | 7 CONINGSBY COURT THE DELL |
| 7 Jun 2023 | £231,302 | £228,500 | 68 SCRUBBITTS SQUARE |
| 20 Mar 2023 | £364,181 | £360,750 | 19 SHERLAND COURT |
| 1 Jul 2022 | £1,854,993 | £1,850,000 | 56 ALDENHAM AVENUE |
This house has a floor area of 201 sq meters or 2,163 sq feet when measured on 17 Jan 2017. Using an estimated price of £1,544,163 means this house is valued at £7,682 per sq meter (£713 per sq foot).
The average size of a house on LETCHMORE ROAD is 243 sq meters (2,626 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near The Dell | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Dell |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Dell |
| Dec 2023 | Anti-social behaviour | On or near The Dell | |
| Dec 2023 | Anti-social behaviour | On or near The Dell |