£8,079,559
This estimated value is based upon the latest sale price for the house of £6,067,666 on 22 Jul 2016. 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 |
|---|---|
| £6,067,666 | 22 Jul 2016 |
| Freehold |
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 2016 the House Price Index for HERTFORDSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £6,067,666 results in an estimated price of approximately £8,079,559.
| 22 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £6,067,666 | £2,011,893 | £8,079,559 |
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 | -5.687 % | £-345,072 | £5,722,593 |
| 3 Month Average | 24.006 % | £1,456,578 | £7,524,244 |
| 6 Month Average | 17.702 % | £1,074,086 | £7,141,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £249,684 | £247,500 | FLAT 4 WIGHT HOUSE TOLPITS LANE |
| 8 Jun 2022 | £202,867 | £200,000 | FLAT 17 LEWIS HOUSE EXPLORER DRIVE |
| 29 Mar 2022 | £183,418 | £177,000 | FLAT 7 THANET HOUSE EXPLORER DRIVE |
| 28 Jan 2022 | £284,150 | £270,000 | FLAT 3 LEWIS HOUSE SCAMMELL WAY |
| 4 Nov 2021 | £293,090 | £271,000 | FLAT 11 LEWIS HOUSE EXPLORER DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Explorer Drive |
| Mar 2024 | Shoplifting | Under investigation | On or near Explorer Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Explorer Drive |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Explorer Drive |
| Mar 2024 | Shoplifting | Under investigation | On or near Explorer Drive |