£1,080,517
This estimated value is based upon the latest sale price for the house of £910,000 on 30 Sep 2020. 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 |
|---|---|
| £910,000 | 30 Sep 2020 |
| £328,995 | 1 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,655 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 September 2020 the House Price Index for HERTFORDSHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £910,000 results in an estimated price of approximately £1,080,517.
| 30 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £910,000 | £170,517 | £1,080,517 |
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 | -2.386 % | £-21,714 | £888,285 |
| 3 Month Average | 4.817 % | £43,837 | £953,837 |
| 6 Month Average | 16.802 % | £152,901 | £1,062,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2022 | £1,693,939 | £1,670,000 | 93 CHURCH ROAD |
| 4 Mar 2022 | £870,460 | £840,000 | 2 BALDWIN ROAD |
| 28 Feb 2022 | £322,998 | £308,000 | 38 HAYWOOD CRESCENT |
| 26 Aug 2021 | £836,712 | £750,000 | 50 COLNHURST ROAD |
| 4 Jun 2021 | £736,026 | £686,000 | 1 HOLT COURT LOCKHART ROAD |
This house has a floor area of 153 sq meters or 1,655 sq feet when measured on 7 Dec 2011. Using an estimated price of £1,080,517 means this house is valued at £7,027 per sq meter (£652 per sq foot).
The average size of a house on GRANGE CLOSE is 180 sq meters (1,947 sq feet).