£346,244
This estimated value is based upon the latest sale price for the house of £340,000 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There have been three burglaries within the last year on or near Fairlawns
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32 Langley Road, Watford, WD17 4PN
Phone: 01923588891
| Price Paid | Date |
|---|---|
| £340,000 | 4 Aug 2023 |
| £145,000 | 20 Jul 2001 |
| £90,500 | 2 Jun 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 August 2023 the House Price Index for HERTFORDSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £340,000 results in an estimated price of approximately £346,244.
| 4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £340,000 | £6,244 | £346,244 |
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 | 50.563 % | £171,915 | £511,915 |
| 3 Month Average | -14.158 % | £-48,138 | £291,861 |
| 6 Month Average | -13.707 % | £-46,605 | £293,394 |
| 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 |
| 31 Aug 2023 | £269,867 | £265,000 | 7 FAIRLAWNS |
| 4 Aug 2023 | £346,245 | £340,000 | 1 ELIZABETH COURT, 170 HEMPSTEAD ROAD |
| 28 Apr 2023 | £244,575 | £240,000 | 17 FAIRLAWNS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 8 Apr 2016. Using an estimated price of £346,245 means this house is valued at £4,743 per sq meter (£440 per sq foot).
The average size of a house on HEMPSTEAD ROAD is 133 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Fairlawns |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fairlawns |