£938,031
This estimated value is based upon the latest sale price for the house of £760,000 on 6 Jul 2018. 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 |
|---|---|
| £760,000 | 6 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 July 2018 the House Price Index for HERTFORDSHIRE was 119.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.425%.Applying this 23.425% change to the original purchase price of £760,000 results in an estimated price of approximately £938,031.
| 6 Jul 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.0 | 23.425 % | £760,000 | £178,031 | £938,031 |
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 | -23.625 % | £-179,547 | £580,452 |
| 3 Month Average | -24.702 % | £-187,731 | £572,268 |
| 6 Month Average | -12.385 % | £-94,126 | £665,873 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £1,886,694 | £1,851,000 | 78 PARKSIDE DRIVE |
| 26 Jul 2023 | £957,053 | £948,000 | 43 RICHMOND DRIVE |
| 17 Apr 2023 | £828,659 | £822,500 | 34 RICHMOND DRIVE |
| 17 Feb 2023 | £778,816 | £782,500 | 117 LANGLEY WAY |
| 5 Aug 2022 | £1,003,221 | £1,010,000 | 2 RICHMOND DRIVE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 1 Nov 2017. Using an estimated price of £938,031 means this house is valued at £5,862 per sq meter (£544 per sq foot).
The average size of a house on PARKSIDE DRIVE is 163 sq meters (1,761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Drive |
| Jan 2024 | Burglary | Under investigation | On or near Cottage Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Capelvere Walk |
| 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 |