£389,390
This estimated value is based upon the latest sale price for the house of £370,000 on 7 Jan 2022. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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278 St Albans Road, Watford, WD24 6PE
Phone: 01923728034
| Price Paid | Date |
|---|---|
| £370,000 | 7 Jan 2022 |
| Leasehold |
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 January 2022 the House Price Index for HERTFORDSHIRE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £370,000 results in an estimated price of approximately £389,390.
| 7 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £370,000 | £19,390 | £389,390 |
The Postcode Pricing Model uses changes in average sales price within the WD24 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 | -0.269 % | £-995 | £369,004 |
| 3 Month Average | 34.508 % | £127,680 | £497,680 |
| 6 Month Average | 14.387 % | £53,230 | £423,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £450,000 | £450,000 | 67 SANDOWN ROAD |
| 7 Nov 2023 | £1,096,230 | £1,080,000 | UNIT 4 MOWAT INDUSTRIAL ESTATE |
| 7 Nov 2023 | £1,096,230 | £1,080,000 | UNIT 5 MOWAT INDUSTRIAL ESTATE |
| 10 Jul 2023 | £405,457 | £400,000 | 7 SOUTHWOLD ROAD |
| 7 Nov 2022 | £215,391 | £218,000 | UNIT 8 MOWAT INDUSTRIAL ESTATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Osborne Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Osborne Road |
| Feb 2024 | Anti-social behaviour | On or near Windsor Road | |
| Feb 2024 | Anti-social behaviour | On or near Windsor Road | |
| Feb 2024 | Anti-social behaviour | On or near Windsor Road |