£1,116,558
This estimated value is based upon the latest sale price for the house of £220,000 on 8 Aug 1997. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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16 Great Break, Welwyn Garden City, AL7 3EZ
Phone: 02081284794
| Price Paid | Date |
|---|---|
| £220,000 | 8 Aug 1997 |
| Semi-Detached |
| Freehold |
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 August 1997 the House Price Index for HERTFORDSHIRE was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £220,000 results in an estimated price of approximately £1,116,558.
| 8 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £220,000 | £896,558 | £1,116,558 |
The Postcode Pricing Model uses changes in average sales price within the SG14 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 | 339.056 % | £745,924 | £965,924 |
| 3 Month Average | 330.553 % | £727,215 | £947,215 |
| 6 Month Average | 342.279 % | £753,013 | £973,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £1,083,287 | £1,050,000 | 30 CHAPEL LANE |
| 31 Aug 2023 | £519,367 | £510,000 | 23 MARTLESHAM |
| 30 Jun 2023 | £1,275,562 | £1,250,000 | 21 OLD PARK COTTAGES |
| 20 Apr 2023 | £1,712,022 | £1,680,000 | 55 |
| 30 Mar 2023 | £904,302 | £889,200 | 8 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Birchall Lane | |
| Jun 2024 | Anti-social behaviour | On or near Birchall Lane | |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Birchall Lane |
| Jul 2024 | Other theft | Under investigation | On or near Station Road |
| Jul 2024 | Vehicle crime | Under investigation | On or near Station Road |