£483,287
This estimated value is based upon the latest sale price for the house of £141,000 on 25 May 2001. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Cecil Street, Watford, WD24 5AS
Phone: 02080338817
| Price Paid | Date |
|---|---|
| £141,000 | 25 May 2001 |
| £84,950 | 23 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2001 the House Price Index for HERTFORDSHIRE was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £141,000 results in an estimated price of approximately £483,287.
| 25 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £141,000 | £342,287 | £483,287 |
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 | 266.658 % | £375,988 | £516,988 |
| 3 Month Average | 240.026 % | £338,436 | £479,436 |
| 6 Month Average | 254.883 % | £359,385 | £500,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £258,832 | £255,000 | FLAT 25 BRANSCOMBE HOUSE GISBURNE WAY |
| 3 Apr 2023 | £283,048 | £280,000 | FLAT 26 BRANSCOMBE HOUSE GISBURNE WAY |
| 9 Aug 2022 | £259,302 | £260,000 | FLAT 27 BRANSCOMBE HOUSE GISBURNE WAY |
| 4 Jul 2022 | £523,409 | £522,000 | 20 GISBURNE WAY |
| 28 Jun 2022 | £573,099 | £565,000 | 9 ASHWELL PLACE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 9 Jul 2020. Using an estimated price of £483,288 means this house is valued at £8,054 per sq meter (£748 per sq foot).
The average size of a house on GISBURNE WAY is 60 sq meters (649 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Gisburne Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Howard Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Howard Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Damson Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Damson Close |