£295,335
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Aug 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 |
---|---|
£240,000 | 12 Aug 2019 |
£152,500 | 6 Sep 2010 |
£179,950 | 27 Jul 2007 |
£51,995 | 19 Jun 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 566 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 August 2019 the House Price Index for HERTFORDSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £240,000 results in an estimated price of approximately £295,335.
12 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £240,000 | £55,335 | £295,335 |
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 | -26.173 % | £-62,815 | £177,184 |
3 Month Average | 19.405 % | £46,572 | £286,572 |
6 Month Average | 7.051 % | £16,921 | £256,921 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £208,651 | £205,000 | 13 ARRAN HOUSE PIONEER WAY |
4 Aug 2023 | £176,544 | £175,000 | 65 HOLM OAK PARK |
31 Jan 2023 | £268,734 | £270,000 | 9 SHETLAND HOUSE PIONEER WAY |
4 Apr 2022 | £200,811 | £195,000 | 78 HOLM OAK PARK |
9 Feb 2022 | £175,656 | £167,500 | FLAT 12 MULL HOUSE HIMALAYAN WAY |
This house has a floor area of 52 sq meters or 566 sq feet when measured on 20 Jan 2010. Using an estimated price of £295,336 means this house is valued at £5,611 per sq meter (£521 per sq foot).
The average size of a house on HIMALAYAN WAY is 48 sq meters (516 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Holm Oak Park | |
Feb 2024 | Anti-social behaviour | On or near Holm Oak Park | |
Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Holm Oak Park |
Mar 2024 | Vehicle crime | Under investigation | On or near Pioneer Way |
Mar 2024 | Anti-social behaviour | On or near Pioneer Way |