£1,179,284
This estimated value is based upon the latest sale price for the house of £1,165,000 on 14 Jun 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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299 Watling Street, Radlett, WD7 7LA
Phone: 01923588263
| Price Paid | Date |
|---|---|
| £1,165,000 | 14 Jun 2023 |
| £740,000 | 25 Jul 2014 |
| £385,000 | 5 Sep 2000 |
| Detached |
| Freehold |
| Floor Area: 195 sq meters or 2,098 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 June 2023 the House Price Index for HERTFORDSHIRE was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £1,165,000 results in an estimated price of approximately £1,179,284.
| 14 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £1,165,000 | £14,284 | £1,179,284 |
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 | 70.980 % | £826,920 | £1,991,920 |
| 3 Month Average | -17.819 % | £-207,594 | £957,405 |
| 6 Month Average | 1.291 % | £15,037 | £1,180,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £389,312 | £382,500 | 5 CRAIGMOUNT |
| 30 Jun 2023 | £394,782 | £390,000 | 42 CRAIGMOUNT |
| 14 Jun 2023 | £1,179,285 | £1,165,000 | 4 CRAIGWEIL AVENUE |
| 29 Apr 2022 | £418,098 | £406,000 | 27 CRAIGMOUNT |
| 30 Sep 2021 | £364,226 | £338,000 | 31 CRAIGMOUNT |
This house has a floor area of 195 sq meters or 2,098 sq feet when measured on 17 Mar 2014. Using an estimated price of £1,179,285 means this house is valued at £6,047 per sq meter (£561 per sq foot).
The average size of a house on CRAIGWEIL AVENUE is 154 sq meters (1,667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Theobald Street |
| Dec 2023 | Anti-social behaviour | On or near Theobald Street | |
| Dec 2023 | Anti-social behaviour | On or near Theobald Street | |
| Dec 2023 | Anti-social behaviour | On or near Theobald Street | |
| Dec 2023 | Anti-social behaviour | On or near Theobald Street |