£503,593
This estimated value is based upon the latest sale price for the house of £375,000 on 23 May 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 |
|---|---|
| £375,000 | 23 May 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 May 2016 the House Price Index for HERTFORDSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £375,000 results in an estimated price of approximately £503,593.
| 23 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £375,000 | £128,593 | £503,593 |
The Postcode Pricing Model uses changes in average sales price within the WD25 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 | -11.747 % | £-44,049 | £330,950 |
| 3 Month Average | 2.830 % | £10,612 | £385,612 |
| 6 Month Average | 8.918 % | £33,441 | £408,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £585,000 | £585,000 | 65 ORCHARD AVENUE |
| 8 Dec 2023 | £585,240 | £575,000 | 37 ORCHARD AVENUE |
| 9 Nov 2023 | £355,260 | £350,000 | 20 ORCHARD AVENUE |
| 10 Aug 2023 | £796,972 | £790,000 | THE NOOK WOODSIDE ROAD |
| 5 Jun 2023 | £521,315 | £515,000 | 39 ORCHARD AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 12 Feb 2016. Using an estimated price of £503,593 means this house is valued at £8,393 per sq meter (£779 per sq foot).
The average size of a house on ORCHARD AVENUE is 90 sq meters (972 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fraser Crescent |