£483,129
This estimated value is based upon the latest sale price for the house of £370,000 on 7 Mar 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Abbots Langley, WD5 0AT
Phone: 01923588758
| Price Paid | Date |
|---|---|
| £370,000 | 7 Mar 2017 |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 March 2017 the House Price Index for HERTFORDSHIRE was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £370,000 results in an estimated price of approximately £483,129.
| 7 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £370,000 | £113,129 | £483,129 |
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 | 25.892 % | £95,798 | £465,798 |
| 3 Month Average | -16.849 % | £-62,340 | £307,659 |
| 6 Month Average | 19.042 % | £70,453 | £440,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £543,804 | £530,000 | 11 LEBANON CLOSE |
| 14 Mar 2022 | £495,868 | £475,000 | 1 HOPWOOD CLOSE |
| 16 Dec 2021 | £989,725 | £917,000 | 350 HEMPSTEAD ROAD |
| 22 Oct 2021 | £1,198,269 | £1,075,000 | GROVE WHARF HOUSE HEMPSTEAD ROAD |
| 20 Sep 2021 | £461,367 | £425,000 | 6 HOPWOOD CLOSE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 21 Nov 2017. Using an estimated price of £483,129 means this house is valued at £4,094 per sq meter (£380 per sq foot).
The average size of a house on HEMPSTEAD ROAD is 133 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Russells Nursery |
| Oct 2024 | Vehicle crime | Under investigation | On or near Russells Nursery |
| Sep 2024 | Other theft | Under investigation | On or near Russells Nursery |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Russells Nursery |
| Jul 2024 | Drugs | Under investigation | On or near Russells Nursery |