£331,130
This estimated value is based upon the latest sale price for the house of £220,000 on 23 Sep 2014. 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 |
|---|---|
| £220,000 | 23 Sep 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 September 2014 the House Price Index for HERTFORDSHIRE was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £220,000 results in an estimated price of approximately £331,130.
| 23 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £220,000 | £111,130 | £331,130 |
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 | -7.017 % | £-15,437 | £204,562 |
| 3 Month Average | 61.891 % | £136,159 | £356,159 |
| 6 Month Average | 55.880 % | £122,934 | £342,934 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2023 | £630,944 | £625,000 | 318 VICARAGE ROAD |
| 28 Nov 2022 | £286,529 | £290,000 | 1 FARADAY COURT FRANKLIN AVENUE |
| 28 Sep 2022 | £297,592 | £299,995 | 2 EDISON COURT FRANKLIN AVENUE |
| 17 Aug 2022 | £281,742 | £282,500 | 20 FARADAY COURT FRANKLIN AVENUE |
| 3 Feb 2022 | £311,987 | £297,500 | 2 FARADAY COURT FRANKLIN AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 7 May 2014. Using an estimated price of £331,131 means this house is valued at £5,173 per sq meter (£480 per sq foot).
The average size of a house on MOOR VIEW is 79 sq meters (858 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Caractacus Cottage View |
| Feb 2024 | Anti-social behaviour | On or near Caractacus Cottage View | |
| Feb 2024 | Anti-social behaviour | On or near Caractacus Cottage View | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caractacus Cottage View |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caractacus Cottage View |