£962,313
This estimated value is based upon the latest sale price for the house of £725,000 on 18 Nov 2016. 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 |
|---|---|
| £725,000 | 18 Nov 2016 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 November 2016 the House Price Index for HERTFORDSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £725,000 results in an estimated price of approximately £962,313.
| 18 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £725,000 | £237,313 | £962,313 |
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 | 50.403 % | £365,422 | £1,090,422 |
| 3 Month Average | -11.137 % | £-80,745 | £644,254 |
| 6 Month Average | -9.517 % | £-68,994 | £656,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £902,739 | £875,000 | 87 THE RIDGEWAY |
| 16 Aug 2023 | £1,120,204 | £1,100,000 | 288 HEMPSTEAD ROAD |
| 9 Mar 2023 | £849,181 | £835,000 | 26 ROSECROFT DRIVE |
| 3 Mar 2023 | £620,360 | £610,000 | 18 WIMBORNE GROVE |
| 1 Sep 2022 | £1,149,232 | £1,150,000 | 276 HEMPSTEAD ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 31 Aug 2017. Using an estimated price of £962,313 means this house is valued at £7,637 per sq meter (£709 per sq foot).
The average size of a house on THE RIDGEWAY is 134 sq meters (1,443 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Rosecroft Drive |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near The Drive |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hemingford Road |
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Courtlands Drive |