£748,951
This estimated value is based upon the latest sale price for the house of £600,000 on 5 Apr 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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32 Langley Road, Watford, WD17 4PN
Phone: 01923588891
| Price Paid | Date |
|---|---|
| £600,000 | 5 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 April 2018 the House Price Index for HERTFORDSHIRE was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £600,000 results in an estimated price of approximately £748,951.
| 5 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £600,000 | £148,951 | £748,951 |
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 | -45.648 % | £-273,889 | £326,110 |
| 3 Month Average | -17.824 % | £-106,944 | £493,055 |
| 6 Month Average | -19.152 % | £-114,910 | £485,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £284,208 | £280,000 | 54 MELROSE PLACE |
| 28 Feb 2023 | £359,758 | £360,000 | 20 BROMET CLOSE |
| 13 Oct 2022 | £326,485 | £330,000 | 28 MELROSE PLACE |
| 25 Jun 2021 | £380,888 | £355,000 | 56 MELROSE PLACE |
| 21 Dec 2020 | £390,223 | £340,000 | 41 BROMET CLOSE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 3 Dec 2015. Using an estimated price of £748,951 means this house is valued at £5,589 per sq meter (£519 per sq foot).
The average size of a house on MELROSE PLACE is 75 sq meters (808 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Devereux Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairlawns |
| Apr 2024 | Other theft | Under investigation | On or near Fairlawns |
| Apr 2024 | Burglary | Under investigation | On or near Fairlawns |
| Apr 2024 | Burglary | Under investigation | On or near Fairlawns |