£279,519
This estimated value is based upon the latest sale price for the house of £175,000 on 23 Jan 2014. 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 |
|---|---|
| £175,000 | 23 Jan 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 376 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 January 2014 the House Price Index for HERTFORDSHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £175,000 results in an estimated price of approximately £279,519.
| 23 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £175,000 | £104,519 | £279,519 |
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 | -2.993 % | £-5,238 | £169,761 |
| 3 Month Average | 2.556 % | £4,472 | £179,472 |
| 6 Month Average | 28.824 % | £50,442 | £225,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £375,048 | £370,000 | 12 LANGLEY ROAD |
| 7 Jul 2023 | £152,046 | £150,000 | 2A LANGLEY ROAD |
| 6 Feb 2023 | £259,825 | £260,000 | FINANCIAL HOUSE, 9 LANGLEY ROAD |
| 1 Sep 2022 | £247,997 | £250,000 | FLAT 2 9 LANGLEY ROAD |
| 1 Jun 2022 | £608,601 | £600,000 | 13 STAMFORD ROAD |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 18 Nov 2013. Using an estimated price of £279,519 means this house is valued at £7,986 per sq meter (£741 per sq foot).
The average size of a house on LANGLEY ROAD is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Keston Mews |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Keston Mews |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Keston Mews |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near Keston Mews |
| Feb 2024 | Anti-social behaviour | On or near Stamford Road |