£475,712
This estimated value is based upon the latest sale price for the house of £385,700 on 5 Jul 2019. 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 |
|---|---|
| £385,700 | 5 Jul 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2019 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £385,700 results in an estimated price of approximately £475,712.
| 5 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £385,700 | £90,012 | £475,712 |
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 | 20.425 % | £78,780 | £464,480 |
| 3 Month Average | 29.254 % | £112,831 | £498,531 |
| 6 Month Average | 0.796 % | £3,069 | £388,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £363,289 | £365,000 | FLAT 27 MAPLE LODGE, 1 RIVERWELL CLOSE |
| 30 Sep 2022 | £377,948 | £381,000 | 12 WILLOW LANE |
| 30 Oct 2020 | £414,098 | £353,000 | FLAT 19 OAK LODGE, 2 RIVERWELL CLOSE |
| 11 Sep 2020 | £320,593 | £270,000 | FLAT 6 OAK LODGE, 2 RIVERWELL CLOSE |
| 4 Sep 2020 | £445,268 | £375,000 | FLAT 14 OAK LODGE, 2 RIVERWELL CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 16 Apr 2019. Using an estimated price of £475,713 means this house is valued at £6,700 per sq meter (£622 per sq foot).
The average size of a house on RIVERWELL CLOSE is 68 sq meters (734 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Riverwell Close | |
| Mar 2024 | Anti-social behaviour | On or near Riverwell Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Riverwell Close |
| Mar 2024 | Anti-social behaviour | On or near Riverwell Close | |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Riverwell Close |