£1,660,488
This estimated value is based upon the latest sale price for the house of £1,250,000 on 20 Sep 2016. 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 |
|---|---|
| £1,250,000 | 20 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 213 sq meters or 2,292 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 September 2016 the House Price Index for HERTFORDSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £1,250,000 results in an estimated price of approximately £1,660,488.
| 20 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £1,250,000 | £410,488 | £1,660,488 |
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 | -49.395 % | £-617,439 | £632,560 |
| 3 Month Average | -26.830 % | £-335,380 | £914,619 |
| 6 Month Average | -7.430 % | £-92,876 | £1,157,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £877,216 | £866,000 | 58 THE GARDENS |
| 26 Apr 2023 | £1,516,327 | £1,500,000 | BURSWOOD TEMPLE CLOSE |
| 24 Sep 2021 | £1,131,472 | £1,050,000 | 19 THE GARDENS |
| 17 Aug 2021 | £1,566,046 | £1,403,750 | 6 GARDEN CLOSE |
| 23 Jun 2021 | £1,418,889 | £1,322,450 | 10 GARDEN CLOSE |
This house has a floor area of 213 sq meters or 2,292 sq feet when measured on 26 Apr 2016. Using an estimated price of £1,660,489 means this house is valued at £7,795 per sq meter (£724 per sq foot).
The average size of a house on THE GARDENS is 171 sq meters (1,847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkside Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkside Drive |
| Jan 2024 | Burglary | Under investigation | On or near Cottage Close |