£503,032
This estimated value is based upon the latest sale price for the house of £315,000 on 14 May 2007. 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 Ludlow Way
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Suite 4, Building 4, Hatters Lane, Watford, WD18 8YF
Phone: 01322584475
| Price Paid | Date |
|---|---|
| £315,000 | 14 May 2007 |
| Semi-Detached |
| 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 May 2007 the House Price Index for HERTFORDSHIRE was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £315,000 results in an estimated price of approximately £503,032.
| 14 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £315,000 | £188,032 | £503,032 |
The Postcode Pricing Model uses changes in average sales price within the WD3 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 | 71.510 % | £225,258 | £540,258 |
| 3 Month Average | 62.396 % | £196,548 | £511,548 |
| 6 Month Average | 79.991 % | £251,973 | £566,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £455,518 | £450,000 | 36 RICHMOND WAY |
| 28 Apr 2023 | £606,531 | £600,000 | 34 LUDLOW WAY |
| 25 Aug 2022 | £658,228 | £660,000 | 9 RICHMOND WAY |
| 18 Aug 2022 | £698,121 | £700,000 | 19 WARWICK WAY |
| 22 Mar 2022 | £715,021 | £690,000 | 27 WARWICK WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Ludlow Way |
| Mar 2024 | Other crime | Under investigation | On or near Richmond Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Way |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Durrants Drive |
| Mar 2024 | Other theft | Under investigation | On or near Warwick Way |