£670,518
This estimated value is based upon the latest sale price for the house of £485,000 on 28 Jan 2016. 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 |
|---|---|
| £485,000 | 28 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 January 2016 the House Price Index for HERTFORDSHIRE was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £485,000 results in an estimated price of approximately £670,518.
| 28 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £485,000 | £185,518 | £670,518 |
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 | -17.986 % | £-87,231 | £397,768 |
| 3 Month Average | 22.964 % | £111,377 | £596,377 |
| 6 Month Average | 26.386 % | £127,971 | £612,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £690,611 | £680,000 | 8 BURBRIDGE ROAD |
| 15 Sep 2023 | £608,412 | £595,000 | 88 CUNNINGHAM WAY |
| 12 Jan 2023 | £721,929 | £720,000 | 18 ROSEMARIE CLOSE |
| 27 Sep 2022 | £299,800 | £300,000 | 108 BATESON DRIVE |
| 12 Aug 2022 | £762,566 | £759,000 | 49 BURBRIDGE ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 8 May 2015. Using an estimated price of £670,519 means this house is valued at £7,368 per sq meter (£684 per sq foot).
The average size of a house on SOUTH WAY is 149 sq meters (1,614 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near South Way | |
| Jun 2024 | Anti-social behaviour | On or near South Way | |
| Jun 2024 | Anti-social behaviour | On or near South Way | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Burbridge Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burbridge Road |