£2,118,423
This estimated value is based upon the latest sale price for the house of £1,620,000 on 21 Oct 2016. 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 | 21 Oct 2016 |
£455,000 | 22 Jul 1998 |
Detached |
Freehold |
Floor Area: 267 sq meters or 2,873 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 October 2016 the House Price Index for HERTFORDSHIRE was 112.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.767%.Applying this 30.767% change to the original purchase price of £1,620,000 results in an estimated price of approximately £2,118,423.
21 Oct 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 146.7 | 30.767 % | £1,620,000 | £498,423 | £2,118,423 |
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 | -7.158 % | £-115,961 | £1,504,038 |
3 Month Average | 70.722 % | £1,145,688 | £2,765,688 |
6 Month Average | 20.139 % | £326,248 | £1,946,248 |
This house has a floor area of 267 sq meters or 2,873 sq feet when measured on 21 Apr 2016.
The average size of a house on GILLS HILL LANE is 163 sq meters (1,761 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Folly Pathway | |
Jan 2024 | Anti-social behaviour | On or near Folly Pathway | |
Feb 2024 | Other theft | Under investigation | On or near Hawtrees |
Nov 2023 | Other theft | Under investigation | On or near Dellfield Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gills Hill Lane |