£1,200,711
This estimated value is based upon the latest sale price for the house of £699,250 on 25 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 |
|---|---|
| £699,250 | 25 Feb 2011 |
| £429,995 | 30 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 190 sq meters or 2,048 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 £699,250 results in an estimated price of approximately £1,200,711.
| 25 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £699,250 | £501,461 | £1,200,711 |
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 | 60.084 % | £420,138 | £1,119,388 |
| 3 Month Average | 29.522 % | £206,433 | £905,683 |
| 6 Month Average | 41.041 % | £286,977 | £986,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £353,089 | £350,000 | 37 SILAS COURT LOCKHART ROAD |
| 7 Mar 2023 | £315,977 | £313,000 | 50 SILAS COURT LOCKHART ROAD |
| 9 Feb 2023 | £266,820 | £267,000 | 74 SILAS COURT LOCKHART ROAD |
| 10 Nov 2022 | £306,290 | £310,000 | 41 SILAS COURT LOCKHART ROAD |
| 30 Aug 2022 | £349,060 | £350,000 | 20 SILAS COURT LOCKHART ROAD |
This house has a floor area of 190 sq meters or 2,048 sq feet when measured on 25 Sep 2009. Using an estimated price of £1,200,711 means this house is valued at £6,309 per sq meter (£586 per sq foot).
The average size of a house on GRANGE CLOSE is 180 sq meters (1,947 sq feet).