£487,213
This estimated value is based upon the latest sale price for the house of £249,950 on 16 Jul 2004. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Kings House Business Centre, Home Park Estate, Station Road, Kings Langley, WD4 8LZ
Phone: 01923908642
| Price Paid | Date |
|---|---|
| £249,950 | 16 Jul 2004 |
| £160,000 | 18 Aug 2000 |
| £83,000 | 28 Aug 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 912 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 2004 the House Price Index for HERTFORDSHIRE was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £249,950 results in an estimated price of approximately £487,213.
| 16 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £249,950 | £237,263 | £487,213 |
The Postcode Pricing Model uses changes in average sales price within the WD5 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 | 100.922 % | £252,254 | £502,204 |
| 3 Month Average | 162.335 % | £405,757 | £655,707 |
| 6 Month Average | 140.190 % | £350,404 | £600,354 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £769,843 | £760,000 | 6 HAZELBURY AVENUE |
| 21 Aug 2023 | £537,200 | £532,500 | 104 HAZELWOOD LANE |
| 10 Mar 2023 | £464,375 | £460,000 | 65 BROOMFIELD RISE |
| 29 Jul 2022 | £812,186 | £810,000 | 52 GALLOWS HILL LANE |
| 29 Apr 2022 | £947,415 | £920,000 | 84A GALLOWS HILL LANE |
This house has a floor area of 84 sq meters or 912 sq feet when measured on 7 Mar 2012. Using an estimated price of £487,213 means this house is valued at £5,748 per sq meter (£534 per sq foot).
The average size of a house on OAK TREE CLOSE is 118 sq meters (1,275 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Broomfield Rise | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Broomfield Rise |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Broomfield Rise |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ash Close |
| Jan 2024 | Drugs | Under investigation | On or near Broomfield Rise |