£1,063,976
This estimated value is based upon the latest sale price for the house of £716,000 on 5 Jan 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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54 Watling Street, Radlett, WD7 7NN
Phone: 01923908797
| Price Paid | Date |
|---|---|
| £716,000 | 5 Jan 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 January 2015 the House Price Index for HERTFORDSHIRE was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £716,000 results in an estimated price of approximately £1,063,976.
| 5 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £716,000 | £347,976 | £1,063,976 |
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 | -11.175 % | £-80,011 | £635,988 |
| 3 Month Average | 12.539 % | £89,778 | £805,778 |
| 6 Month Average | 17.352 % | £124,242 | £840,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £709,204 | £703,000 | 22 UPPER STATION ROAD |
| 4 Jul 2023 | £785,573 | £775,000 | 5 DARNHILLS |
| 21 Apr 2023 | £833,980 | £825,000 | 15 DARNHILLS |
| 5 Sep 2022 | £1,269,746 | £1,280,000 | 21B HIGH FIRS |
| 16 Aug 2022 | £500,652 | £502,000 | 2 UPPER STATION ROAD |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 20 Sep 2014. Using an estimated price of £1,063,976 means this house is valued at £6,691 per sq meter (£621 per sq foot).
The average size of a house on PARK ROAD is 123 sq meters (1,326 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Malthouse Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Malthouse Place |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Upper Station Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wootton Close |