£1,571,145
This estimated value is based upon the latest sale price for the house of £1,550,000 on 28 Jul 2023. 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 Watford Road
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54 Watling Street, Radlett, WD7 7NN
Phone: 01923908797
| Price Paid | Date |
|---|---|
| £1,550,000 | 28 Jul 2023 |
| £1,085,000 | 2 Apr 2012 |
| £810,000 | 1 Nov 2007 |
| Detached |
| Freehold |
| Floor Area: 218 sq meters or 2,353 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 2023 the House Price Index for HERTFORDSHIRE was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £1,550,000 results in an estimated price of approximately £1,571,145.
| 28 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £1,550,000 | £21,145 | £1,571,145 |
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 | 232.258 % | £3,600,000 | £5,150,000 |
| 3 Month Average | 138.308 % | £2,143,776 | £3,693,776 |
| 6 Month Average | 1.311 % | £20,321 | £1,570,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £1,085,479 | £1,071,600 | 16 FOLLY CLOSE |
| 28 Jul 2023 | £1,571,146 | £1,550,000 | 48 WATFORD ROAD |
| 6 Jul 2023 | £881,869 | £870,000 | 22 WILLOW WAY |
| 6 Apr 2023 | £707,619 | £700,000 | 1 BATTLERS MEWS |
| 27 Feb 2023 | £934,371 | £935,000 | 24 WILLOW WAY |
This house has a floor area of 218 sq meters or 2,353 sq feet when measured on 26 Oct 2011. Using an estimated price of £1,571,146 means this house is valued at £7,184 per sq meter (£667 per sq foot).
The average size of a house on WATFORD ROAD is 228 sq meters (2,462 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Watford Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hawtrees |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Folly Close |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Folly Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Folly Close |