£1,982,053
This estimated value is based upon the latest sale price for the house of £1,620,000 on 20 Feb 2020. 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 |
|---|---|
| £1,620,000 | 20 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 282 sq meters or 3,035 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 February 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £1,620,000 results in an estimated price of approximately £1,982,053.
| 20 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £1,620,000 | £362,053 | £1,982,053 |
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 | 55.297 % | £895,812 | £2,515,812 |
| 3 Month Average | 37.457 % | £606,805 | £2,226,805 |
| 6 Month Average | 34.023 % | £551,174 | £2,171,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £1,085,479 | £1,071,600 | 16 FOLLY CLOSE |
| 14 Aug 2023 | £741,487 | £735,000 | 11 PHILLIMORE PLACE |
| 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 |
This house has a floor area of 282 sq meters or 3,035 sq feet when measured on 16 Nov 2017. Using an estimated price of £1,982,054 means this house is valued at £7,028 per sq meter (£652 per sq foot).
The average size of a house on WATFORD ROAD is 228 sq meters (2,462 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Folly Close |
| 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 |
| Mar 2024 | Burglary | Under investigation | On or near Watford Road |
| Mar 2024 | Public order | Under investigation | On or near Willow Way |