£7,002,959
This estimated value is based upon the latest sale price for the house of £4,280,000 on 31 Oct 2013. 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 |
|---|---|
| £4,280,000 | 31 Oct 2013 |
| £460,000 | 5 May 1998 |
| £355,000 | 26 Feb 1996 |
| Detached |
| Freehold |
| Floor Area: 894 sq meters or 9,622 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 October 2013 the House Price Index for HERTFORDSHIRE was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £4,280,000 results in an estimated price of approximately £7,002,959.
| 31 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £4,280,000 | £2,722,959 | £7,002,959 |
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 | 365.949 % | £15,662,602 | £19,942,602 |
| 3 Month Average | 201.895 % | £8,641,121 | £12,921,121 |
| 6 Month Average | 53.448 % | £2,287,570 | £6,567,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £4,102,454 | £4,050,000 | THE WHITE HOUSE WATLING STREET |
| 1 Sep 2023 | £1,519,427 | £1,500,000 | 42A LOOM LANE |
| 30 Jun 2023 | £3,836,472 | £3,790,000 | 59 LOOM LANE |
| 29 Jun 2023 | £1,315,940 | £1,300,000 | 39 THE RIDGEWAY |
| 1 Jun 2023 | £3,148,134 | £3,110,000 | KENDALS COTTAGE WATLING STREET |
This house has a floor area of 894 sq meters or 9,622 sq feet when measured on 15 May 2012. Using an estimated price of £7,002,959 means this house is valued at £7,833 per sq meter (£727 per sq foot).
The average size of a house on THE RIDGEWAY is 404 sq meters (4,350 sq feet).
This house is the largest in the street with a floor area of 894 sq meters (9,622 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 |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Maytrees |
| Mar 2024 | Anti-social behaviour | On or near The Pathway |