£804,784
This estimated value is based upon the latest sale price for the house of £555,000 on 10 Jul 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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7 Langley Road, Watford, WD17 4PS
Phone: 01923908767
| Price Paid | Date |
|---|---|
| £555,000 | 10 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2015 the House Price Index for HERTFORDSHIRE was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £555,000 results in an estimated price of approximately £804,784.
| 10 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £555,000 | £249,784 | £804,784 |
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 | 40.941 % | £227,221 | £782,221 |
| 3 Month Average | 20.595 % | £114,303 | £669,303 |
| 6 Month Average | 47.902 % | £265,856 | £820,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £247,609 | £240,000 | FLAT 7 BREWERY MEWS |
| 7 Nov 2023 | £328,334 | £320,000 | 109A ST ALBANS ROAD |
| 7 Nov 2023 | £251,381 | £245,000 | 109B ST ALBANS ROAD |
| 7 Nov 2023 | £297,553 | £290,000 | 109C ST ALBANS ROAD |
| 29 Aug 2023 | £152,755 | £150,000 | FLAT 4 125 ST ALBANS ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 13 Dec 2018. Using an estimated price of £804,784 means this house is valued at £14,119 per sq meter (£1,311 per sq foot).
The average size of a house on TERRACE GARDENS is 72 sq meters (780 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Terrace Gardens |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Terrace Gardens |
| Jul 2024 | Drugs | Local resolution | On or near Terrace Gardens |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nascot Road |
| Jul 2024 | Public order | Awaiting court outcome | On or near Nascot Road |