£713,189
This estimated value is based upon the latest sale price for the house of £145,000 on 13 Nov 1997. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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16 Howardsgate, Welwyn Garden City, AL8 6BQ
Phone: 01707800178
| Price Paid | Date |
|---|---|
| £145,000 | 13 Nov 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 1997 the House Price Index for HERTFORDSHIRE was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £145,000 results in an estimated price of approximately £713,189.
| 13 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 148.6 | 391.855 % | £145,000 | £568,189 | £713,189 |
The Postcode Pricing Model uses changes in average sales price within the AL8 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 | 335.214 % | £486,060 | £631,060 |
| 3 Month Average | 187.634 % | £272,068 | £417,068 |
| 6 Month Average | 281.460 % | £408,116 | £553,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £953,340 | £945,000 | 12 RUSSELLCROFT ROAD |
| 11 Aug 2023 | £196,721 | £195,000 | 44 GUESSENS COURT |
| 24 Jul 2023 | £211,649 | £208,800 | 64 GUESSENS COURT |
| 3 Jul 2023 | £182,456 | £180,000 | 69 GUESSENS COURT |
| 16 Feb 2023 | £674,546 | £675,000 | 61 HANDSIDE LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 22 Aug 2014. Using an estimated price of £713,189 means this house is valued at £8,592 per sq meter (£798 per sq foot).
The average size of a house on HOMERFIELD is 142 sq meters (1,536 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Guessens Road |
| Feb 2024 | Anti-social behaviour | On or near Guessens Road | |
| Feb 2024 | Anti-social behaviour | On or near Guessens Road | |
| Feb 2024 | Anti-social behaviour | On or near Guessens Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Farm Close |