£353,322
This estimated value is based upon the latest sale price for the house of £205,000 on 2 Nov 2011. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Suite 4, Building 4, Hatters Lane, Watford, WD18 8YF
Phone: 01322584475
| Price Paid | Date |
|---|---|
| £205,000 | 2 Nov 2011 |
| £249,995 | 17 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 November 2011 the House Price Index for HERTFORDSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £205,000 results in an estimated price of approximately £353,322.
| 2 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £205,000 | £148,322 | £353,322 |
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 | 38.690 % | £79,314 | £284,314 |
| 3 Month Average | 112.546 % | £230,719 | £435,719 |
| 6 Month Average | 87.828 % | £180,046 | £385,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £324,842 | £322,000 | FLAT 40 OMEGA COURT THE GATEWAY |
| 17 Apr 2023 | £257,776 | £255,000 | FLAT 45 OMEGA COURT THE GATEWAY |
| 26 Sep 2022 | £340,252 | £343,000 | FLAT 35 ROCKWELL COURT THE GATEWAY |
| 5 Jul 2022 | £320,864 | £320,000 | FLAT 10 ROCKWELL COURT THE GATEWAY |
| 21 Apr 2022 | £283,195 | £275,000 | FLAT 23 OMEGA COURT THE GATEWAY |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 21 Jun 2021. Using an estimated price of £353,322 means this house is valued at £5,120 per sq meter (£475 per sq foot).
The average size of a house on THE GATEWAY is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near The Gateway |
| Mar 2024 | Anti-social behaviour | On or near The Gateway | |
| Mar 2024 | Anti-social behaviour | On or near The Gateway | |
| Jan 2024 | Anti-social behaviour | On or near The Gateway | |
| Jan 2024 | Anti-social behaviour | On or near The Gateway |