£343,887
This estimated value is based upon the latest sale price for the house of £261,000 on 18 Nov 2016. 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 |
|---|---|
| £261,000 | 18 Nov 2016 |
| £73,500 | 3 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £261,000 results in an estimated price of approximately £343,887.
| 18 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £261,000 | £82,887 | £343,887 |
The Postcode Pricing Model uses changes in average sales price within the WD4 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 | 33.004 % | £86,141 | £347,141 |
| 3 Month Average | 21.939 % | £57,261 | £318,261 |
| 6 Month Average | 13.053 % | £34,068 | £295,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Feb 2023 | £689,536 | £690,000 | 75 OVALTINE DRIVE |
| 3 Feb 2023 | £259,825 | £260,000 | FLAT 147 OVALTINE COURT OVALTINE DRIVE |
| 11 Aug 2022 | £344,074 | £345,000 | 58 ROMAN GARDENS |
| 22 Jul 2022 | £386,039 | £385,000 | FLAT 119 OVALTINE COURT OVALTINE DRIVE |
| 1 Jul 2022 | £320,864 | £320,000 | 91 ROMAN GARDENS |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 24 Jun 2016. Using an estimated price of £343,887 means this house is valued at £5,546 per sq meter (£515 per sq foot).
The average size of a house on WANDER WHARF is 119 sq meters (1,284 sq feet).