£514,186
This estimated value is based upon the latest sale price for the house of £385,000 on 23 Jun 2016. 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 |
|---|---|
| £385,000 | 23 Jun 2016 |
| Terraced |
| 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 June 2016 the House Price Index for HERTFORDSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £385,000 results in an estimated price of approximately £514,186.
| 23 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £385,000 | £129,186 | £514,186 |
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 | 7.326 % | £28,205 | £413,205 |
| 3 Month Average | 11.478 % | £44,192 | £429,192 |
| 6 Month Average | 25.405 % | £97,809 | £482,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £404,354 | £400,000 | 303 ST ALBANS ROAD |
| 15 Mar 2023 | £275,092 | £272,500 | 15 SANDRINGHAM ROAD |
| 10 Feb 2023 | £334,775 | £335,000 | FLAT 10 VERULAM COURT, 275 ST ALBANS ROAD |
| 25 Nov 2022 | £568,118 | £575,000 | 89 SANDRINGHAM ROAD |
| 18 May 2022 | £315,953 | £310,000 | 276A ST ALBANS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |