£704,595
This estimated value is based upon the latest sale price for the house of £585,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Templewood
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38 Wigmores North, Welwyn Garden City, AL8 6PH
Phone: 01707800134
| Price Paid | Date |
|---|---|
| £585,000 | 6 Mar 2020 |
| £135,000 | 26 Jun 1996 |
| Detached |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 2020 the House Price Index for HERTFORDSHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £585,000 results in an estimated price of approximately £704,595.
| 6 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £585,000 | £119,595 | £704,595 |
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 | 54.711 % | £320,059 | £905,059 |
| 3 Month Average | -43.364 % | £-253,677 | £331,322 |
| 6 Month Average | -4.895 % | £-28,634 | £556,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £734,390 | £725,000 | 1 TEMPLEWOOD |
| 10 Jul 2023 | £790,641 | £780,000 | 86 PENTLEY PARK |
| 30 Mar 2023 | £681,420 | £675,000 | 7 NUT GROVE |
| 17 Feb 2023 | £769,482 | £770,000 | 2 HAWTHORNS |
| 1 Feb 2023 | £649,563 | £650,000 | 22 TEMPLEWOOD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 6 Aug 2019. Using an estimated price of £704,596 means this house is valued at £7,339 per sq meter (£681 per sq foot).
The average size of a house on TEMPLEWOOD is 123 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Templewood |
| Apr 2024 | Anti-social behaviour | On or near Hawthorns | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rayfield |
| Apr 2024 | Other theft | Under investigation | On or near Little Dell |
| Mar 2024 | Vehicle crime | Under investigation | On or near Pentley Close |