£374,863
This estimated value is based upon the latest sale price for the house of £283,000 on 26 Oct 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Kings House Business Centre, Home Park Estate, Station Road, Kings Langley, WD4 8LZ
Phone: 01923908642
| Price Paid | Date |
|---|---|
| £283,000 | 26 Oct 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2016 the House Price Index for HERTFORDSHIRE was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £283,000 results in an estimated price of approximately £374,863.
| 26 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £283,000 | £91,863 | £374,863 |
The Postcode Pricing Model uses changes in average sales price within the WD4 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 | 76.803 % | £217,351 | £500,351 |
| 3 Month Average | 27.449 % | £77,680 | £360,680 |
| 6 Month Average | 15.252 % | £43,163 | £326,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £333,841 | £328,000 | FLAT 213 OVALTINE COURT OVALTINE DRIVE |
| 10 Nov 2023 | £248,682 | £245,000 | FLAT 110 OVALTINE COURT OVALTINE DRIVE |
| 25 Aug 2023 | £595,207 | £590,000 | 34 RIVERSIDE CLOSE |
| 24 Feb 2023 | £429,711 | £430,000 | FLAT 9 OVALTINE COURT OVALTINE DRIVE |
| 20 Jan 2023 | £280,678 | £282,000 | 11 RIVERSIDE CLOSE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 5 Sep 2016. Using an estimated price of £374,863 means this house is valued at £6,815 per sq meter (£633 per sq foot).
The average size of a house on RIVERSIDE CLOSE is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riverside Close |
| Mar 2024 | Anti-social behaviour | On or near Ovaltine Drive | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ovaltine Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ovaltine Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ovaltine Drive |