£18,035
This estimated value is based upon the latest sale price for the house of £14,384 on 29 Aug 2017. 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 |
|---|---|
| £14,384 | 29 Aug 2017 |
| £13,500 | 26 Oct 2016 |
| Freehold |
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 2017 the House Price Index for HERTFORDSHIRE was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £14,384 results in an estimated price of approximately £18,035.
| 29 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £14,384 | £3,651 | £18,035 |
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 | 7.843 % | £1,128 | £15,512 |
| 3 Month Average | -22.245 % | £-3,199 | £11,184 |
| 6 Month Average | -14.016 % | £-2,016 | £12,367 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malden Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malden Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near West Street |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near West Street |
| Dec 2023 | Anti-social behaviour | On or near West Street |