£372,400
This estimated value is based upon the latest sale price for the house of £153,500 on 17 Mar 2003. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There have been three burglaries within the last year on or near Fairlawns
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32 Langley Road, Watford, WD17 4PN
Phone: 01923588891
| Price Paid | Date |
|---|---|
| £153,500 | 17 Mar 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2003 the House Price Index for HERTFORDSHIRE was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £153,500 results in an estimated price of approximately £372,400.
| 17 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 148.6 | 142.606 % | £153,500 | £218,900 | £372,400 |
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 | 119.445 % | £183,347 | £336,847 |
| 3 Month Average | 82.248 % | £126,250 | £279,750 |
| 6 Month Average | 102.057 % | £156,658 | £310,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £284,208 | £280,000 | 54 MELROSE PLACE |
| 4 Aug 2023 | £343,001 | £340,000 | 1 ELIZABETH COURT, 170 HEMPSTEAD ROAD |
| 13 Oct 2022 | £326,485 | £330,000 | 28 MELROSE PLACE |
| 1 Apr 2022 | £378,966 | £368,000 | 12 ELIZABETH COURT, 170 HEMPSTEAD ROAD |
| 22 Mar 2022 | £1,015,537 | £980,000 | 5 MANDEVILLE CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 7 Jun 2018. Using an estimated price of £372,401 means this house is valued at £6,533 per sq meter (£606 per sq foot).
The average size of a house on MELROSE PLACE is 75 sq meters (808 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Fairlawns |
| Mar 2024 | Anti-social behaviour | On or near Fairlawns | |
| Mar 2024 | Burglary | Under investigation | On or near Fairlawns |
| Mar 2024 | Burglary | Under investigation | On or near Fairlawns |
| Mar 2024 | Drugs | Under investigation | On or near Fairlawns |