£546,402
This estimated value is based upon the latest sale price for the house of £510,000 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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41 High Street, Kings Langley, WD4 8AB
Phone: 01923908714
| Price Paid | Date |
|---|---|
| £510,000 | 21 Dec 2021 |
| £119,000 | 28 Jul 1999 |
| £89,000 | 19 Apr 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2021 the House Price Index for HERTFORDSHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £510,000 results in an estimated price of approximately £546,402.
| 21 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £510,000 | £36,402 | £546,402 |
The Postcode Pricing Model uses changes in average sales price within the HP3 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 | -33.714 % | £-171,940 | £338,059 |
| 3 Month Average | 3.990 % | £20,349 | £530,349 |
| 6 Month Average | -5.285 % | £-26,952 | £483,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £614,092 | £605,000 | 28 SHENDISH EDGE |
| 30 Jun 2023 | £612,418 | £605,000 | 6 SWAN MEAD |
| 3 Oct 2022 | £704,415 | £712,000 | 58 RUCKLERS LANE |
| 24 May 2022 | £264,993 | £260,000 | 39 SWAN MEAD |
| 11 Jan 2022 | £230,477 | £219,000 | 57 SWAN MEAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 18 May 2021. Using an estimated price of £546,402 means this house is valued at £5,812 per sq meter (£540 per sq foot).
The average size of a house on RIDGEWAY CLOSE is 108 sq meters (1,164 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Ridgeway Close | |
| Apr 2024 | Anti-social behaviour | On or near Ridgeway Close | |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Ridgeway Close |
| Mar 2024 | Anti-social behaviour | On or near Ridgeway Close | |
| Mar 2024 | Anti-social behaviour | On or near Ridgeway Close |