£403,033
This estimated value is based upon the latest sale price for the house of £280,000 on 24 Jul 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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54 Market Street, Watford, WD18 0PY
Phone: 01923728433
| Price Paid | Date |
|---|---|
| £280,000 | 24 Jul 2015 |
| £173,000 | 1 Jul 2004 |
| £61,950 | 7 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 July 2015 the House Price Index for HERTFORDSHIRE was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £280,000 results in an estimated price of approximately £403,033.
| 24 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £280,000 | £123,033 | £403,033 |
The Postcode Pricing Model uses changes in average sales price within the WD18 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 | 17.962 % | £50,294 | £330,294 |
| 3 Month Average | 49.101 % | £137,482 | £417,482 |
| 6 Month Average | 38.492 % | £107,778 | £387,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £372,766 | £368,000 | 24 FEARNLEY STREET |
| 1 Sep 2023 | £326,170 | £322,000 | 34 MERTON ROAD |
| 15 Aug 2023 | £393,442 | £390,000 | 82 FEARNLEY STREET |
| 21 Jul 2023 | £405,457 | £400,000 | 75A VICARAGE ROAD |
| 21 Jul 2023 | £552,435 | £545,000 | 67 VICARAGE ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 22 Aug 2019. Using an estimated price of £403,034 means this house is valued at £6,717 per sq meter (£624 per sq foot).
The average size of a house on FEARNLEY STREET is 68 sq meters (733 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Fearnley Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fearnley Street |
| Dec 2023 | Anti-social behaviour | On or near Fearnley Street | |
| Dec 2023 | Anti-social behaviour | On or near Fearnley Street | |
| Dec 2023 | Anti-social behaviour | On or near Fearnley Street |