£918,109
This estimated value is based upon the latest sale price for the house of £500,000 on 30 Jul 2009. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Handside House, 131 Handside Lane, Welwyn Garden City, AL8 6TA
Phone: 01438412057
Price Paid | Date |
---|---|
£500,000 | 30 Jul 2009 |
£357,450 | 9 Jan 2003 |
Detached |
Freehold |
Floor Area: 143 sq meters or 1,539 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 July 2009 the House Price Index for HERTFORDSHIRE was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £500,000 results in an estimated price of approximately £918,109.
30 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.622 % | £500,000 | £418,109 | £918,109 |
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 | 119.422 % | £597,111 | £1,097,111 |
3 Month Average | 97.523 % | £487,614 | £987,614 |
6 Month Average | 64.004 % | £320,022 | £820,022 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £656,669 | £640,000 | 4 HOBBS WAY |
28 Sep 2023 | £715,779 | £700,000 | 21 FEARNLEY ROAD |
4 Sep 2023 | £603,299 | £590,000 | 158 PARKWAY |
1 Sep 2023 | £664,652 | £650,000 | 4 TURMORE DALE |
6 Jun 2022 | £226 | £221 | 130 PARKWAY |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 22 May 2009. Using an estimated price of £918,110 means this house is valued at £6,418 per sq meter (£596 per sq foot).
The average size of a house on PARKWAY is 115 sq meters (1,241 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Under investigation | On or near Honeycroft |
Jun 2024 | Public order | Under investigation | On or near Honeycroft |
Jul 2024 | Anti-social behaviour | On or near Fearnley Road | |
Jul 2024 | Anti-social behaviour | On or near Turmore Dale | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Colgrove |