£324,965
This estimated value is based upon the latest sale price for the house of £257,500 on 6 Oct 2017. 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 |
|---|---|
| £257,500 | 6 Oct 2017 |
| £127,000 | 29 Aug 2002 |
| £75,500 | 26 Apr 2002 |
| £55,995 | 30 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2017 the House Price Index for HERTFORDSHIRE was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £257,500 results in an estimated price of approximately £324,965.
| 6 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £257,500 | £67,465 | £324,965 |
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 | -25.462 % | £-65,563 | £191,936 |
| 3 Month Average | 11.892 % | £30,622 | £288,122 |
| 6 Month Average | 3.613 % | £9,303 | £266,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £208,651 | £205,000 | 13 ARRAN HOUSE PIONEER WAY |
| 31 Jan 2023 | £268,734 | £270,000 | 9 SHETLAND HOUSE PIONEER WAY |
| 9 Feb 2022 | £175,656 | £167,500 | FLAT 12 MULL HOUSE HIMALAYAN WAY |
| 2 Nov 2021 | £187,102 | £173,000 | FLAT 2 MULL HOUSE HIMALAYAN WAY |
| 30 Sep 2020 | £284,972 | £240,000 | 10 ORKNEY HOUSE HIMALAYAN WAY |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 9 Feb 2017. Using an estimated price of £324,965 means this house is valued at £5,701 per sq meter (£529 per sq foot).
The average size of a house on PIONEER WAY is 48 sq meters (525 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Pioneer Way | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Pioneer Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Pioneer Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Pioneer Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Pioneer Way |