£268,301
This estimated value is based upon the latest sale price for the house of £172,571 on 19 Oct 2007. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There have been three burglaries within the last year on or near Fairlawns
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32 Langley Road, Watford, WD17 4PN
Phone: 01923588891
| Price Paid | Date |
|---|---|
| £172,571 | 19 Oct 2007 |
| £56,500 | 10 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 435 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 2007 the House Price Index for HERTFORDSHIRE was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £172,571 results in an estimated price of approximately £268,301.
| 19 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £172,571 | £95,730 | £268,301 |
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 | 7.846 % | £13,539 | £186,110 |
| 3 Month Average | 13.180 % | £22,745 | £195,316 |
| 6 Month Average | 32.916 % | £56,802 | £229,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £284,208 | £280,000 | 54 MELROSE PLACE |
| 4 Aug 2023 | £343,001 | £340,000 | 1 ELIZABETH COURT, 170 HEMPSTEAD ROAD |
| 13 Oct 2022 | £326,485 | £330,000 | 28 MELROSE PLACE |
| 1 Apr 2022 | £378,966 | £368,000 | 12 ELIZABETH COURT, 170 HEMPSTEAD ROAD |
| 25 Jun 2021 | £380,888 | £355,000 | 56 MELROSE PLACE |
This house has a floor area of 40 sq meters or 435 sq feet when measured on 27 Apr 2011. Using an estimated price of £268,302 means this house is valued at £6,632 per sq meter (£616 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 | Violence and sexual offences | Under investigation | On or near Fairlawns |
| Apr 2024 | Burglary | 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 |