£388,016
This estimated value is based upon the latest sale price for the house of £172,000 on 31 Oct 2003. 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 |
---|---|
£172,000 | 31 Oct 2003 |
£73,500 | 14 Mar 1997 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 2003 the House Price Index for HERTFORDSHIRE was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £172,000 results in an estimated price of approximately £388,016.
31 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 149.7 | 125.591 % | £172,000 | £216,016 | £388,016 |
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 | 139.616 % | £240,139 | £412,139 |
3 Month Average | 109.507 % | £188,351 | £360,351 |
6 Month Average | 93.478 % | £160,782 | £332,782 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £287,293 | £280,000 | 54 MELROSE PLACE |
2 Oct 2023 | £329,995 | £322,500 | 10 ELIZABETH COURT, 170 HEMPSTEAD ROAD |
4 Aug 2023 | £346,245 | £340,000 | 1 ELIZABETH COURT, 170 HEMPSTEAD ROAD |
13 Oct 2022 | £328,901 | £330,000 | 28 MELROSE PLACE |
1 Apr 2022 | £381,771 | £368,000 | 12 ELIZABETH COURT, 170 HEMPSTEAD ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 22 Jan 2019. Using an estimated price of £388,017 means this house is valued at £6,360 per sq meter (£590 per sq foot).
The average size of a house on MELROSE PLACE is 75 sq meters (808 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Under investigation | On or near Hempstead Road |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Hempstead Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Fairlawns |
May 2024 | Burglary | Under investigation | On or near Fairlawns |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairlawns |