£423,813
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Aug 2008. 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 |
|---|---|
| £250,000 | 27 Aug 2008 |
| £141,000 | 5 Jun 2001 |
| £78,000 | 18 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 August 2008 the House Price Index for HERTFORDSHIRE was 88.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 69.526%.Applying this 69.526% change to the original purchase price of £250,000 results in an estimated price of approximately £423,813.
| 27 Aug 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 149.7 | 69.526 % | £250,000 | £173,813 | £423,813 |
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 | 35.465 % | £88,662 | £338,662 |
| 3 Month Average | 69.301 % | £173,253 | £423,253 |
| 6 Month Average | 38.635 % | £96,587 | £346,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £469,073 | £465,000 | 22 MELBOURNE COURT |
| 6 Mar 2024 | £457,022 | £450,000 | 15 DOWNFIELDS |
| 1 Jun 2022 | £523,695 | £512,500 | 260 HANDSIDE LANE |
| 22 Apr 2022 | £570,582 | £550,000 | 29 SPRINGFIELDS |
| 31 Mar 2022 | £495,868 | £475,000 | 9 SPRINGFIELDS |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 22 May 2015. Using an estimated price of £423,814 means this house is valued at £6,421 per sq meter (£596 per sq foot).
The average size of a house on HANDSIDE LANE is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Lemsford Lane | |
| Apr 2024 | Anti-social behaviour | On or near Lemsford Lane | |
| Apr 2024 | Anti-social behaviour | On or near Lemsford Lane | |
| Apr 2024 | Anti-social behaviour | On or near Lemsford Lane | |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Lemsford Lane |