£326,256
This estimated value is based upon the latest sale price for the house of £190,000 on 28 Feb 2011. 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 |
|---|---|
| £190,000 | 28 Feb 2011 |
| £195,000 | 14 Jun 2006 |
| £124,000 | 31 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 720 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 February 2011 the House Price Index for HERTFORDSHIRE was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £190,000 results in an estimated price of approximately £326,256.
| 28 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £190,000 | £136,256 | £326,256 |
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 | 16.850 % | £32,014 | £222,014 |
| 3 Month Average | 24.161 % | £45,905 | £235,905 |
| 6 Month Average | 43.989 % | £83,579 | £273,579 |
| 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 |
| 22 Mar 2022 | £1,015,537 | £980,000 | 5 MANDEVILLE CLOSE |
This house has a floor area of 66 sq meters or 720 sq feet when measured on 23 Mar 2011. Using an estimated price of £326,257 means this house is valued at £4,876 per sq meter (£453 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 Birchmead |
| Apr 2024 | Burglary | Under investigation | On or near Fairlawns |
| Apr 2024 | Burglary | Under investigation | On or near Fairlawns |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairlawns |
| Apr 2024 | Other theft | Under investigation | On or near Fairlawns |