£2,937,222
This estimated value is based upon the latest sale price for the house of £1,700,000 on 2 Sep 2011. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near The Ridgeway
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299 Watling Street, Radlett, WD7 7LA
Phone: 01923588263
| Price Paid | Date |
|---|---|
| £1,700,000 | 2 Sep 2011 |
| £1,900,000 | 29 Aug 2008 |
| £415,000 | 19 Feb 2001 |
| Detached |
| Freehold |
| Floor Area: 208 sq meters or 2,240 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 September 2011 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £1,700,000 results in an estimated price of approximately £2,937,222.
| 2 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £1,700,000 | £1,237,222 | £2,937,222 |
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 | 466.947 % | £7,938,100 | £9,638,100 |
| 3 Month Average | 262.924 % | £4,469,706 | £6,169,706 |
| 6 Month Average | 70.357 % | £1,196,075 | £2,896,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £910,938 | £895,000 | 107 LOOM LANE |
| 1 Dec 2023 | £2,061,062 | £2,025,000 | 83 LOOM LANE |
| 17 Nov 2023 | £827,247 | £815,000 | 15 HEYFORD ROAD |
| 14 Jul 2023 | £1,991,808 | £1,965,000 | 87 LOOM LANE |
| 29 Jun 2023 | £1,315,940 | £1,300,000 | 39 THE RIDGEWAY |
This house has a floor area of 208 sq meters or 2,240 sq feet when measured on 20 Jan 2011. Using an estimated price of £2,937,223 means this house is valued at £14,113 per sq meter (£1,311 per sq foot).
The average size of a house on THE RIDGEWAY is 404 sq meters (4,350 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near The Ridgeway |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Ridgeway |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near The Ridgeway |
| Mar 2024 | Shoplifting | Under investigation | On or near Common Lane |
| Mar 2024 | Shoplifting | Under investigation | On or near Common Lane |