£425,329
This estimated value is based upon the latest sale price for the house of £265,000 on 16 Dec 2013. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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7 Langley Road, Watford, WD17 4PS
Phone: 01923908767
| Price Paid | Date |
|---|---|
| £265,000 | 16 Dec 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 December 2013 the House Price Index for HERTFORDSHIRE was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £265,000 results in an estimated price of approximately £425,329.
| 16 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £265,000 | £160,329 | £425,329 |
The Postcode Pricing Model uses changes in average sales price within the WD17 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 | -3.261 % | £-8,642 | £256,357 |
| 3 Month Average | 4.113 % | £10,899 | £275,899 |
| 6 Month Average | 27.471 % | £72,799 | £337,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £671,753 | £660,000 | 49 NASCOT STREET |
| 7 Sep 2023 | £386,948 | £382,000 | 63 NASCOT STREET |
| 7 Sep 2023 | £638,160 | £630,000 | 30 NASCOT STREET |
| 22 Jun 2023 | £627,602 | £620,000 | 13 NASCOT STREET |
| 13 Sep 2022 | £322,397 | £325,000 | FLAT 10 CASSIO APARTMENTS, 1 MALDEN ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 18 Nov 2021. Using an estimated price of £425,330 means this house is valued at £4,296 per sq meter (£399 per sq foot).
The average size of a house on MALDEN ROAD is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Malden Road | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malden Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malden Road |