£389,365
This estimated value is based upon the latest sale price for the house of £114,950 on 13 Jul 2001. 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 |
---|---|
£114,950 | 13 Jul 2001 |
Terraced |
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 July 2001 the House Price Index for HERTFORDSHIRE was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £114,950 results in an estimated price of approximately £389,365.
13 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.2 | 149.7 | 238.726 % | £114,950 | £274,415 | £389,365 |
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 | 320.956 % | £368,938 | £483,888 |
3 Month Average | 230.127 % | £264,531 | £379,481 |
6 Month Average | 161.001 % | £185,070 | £300,020 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £619,518 | £610,000 | 14 BROADFIELD PLACE |
15 Dec 2023 | £407,522 | £395,000 | 53 LEMSFORD LANE |
30 Aug 2023 | £441,971 | £434,000 | 57 NEWFIELDS |
14 Jun 2023 | £519,409 | £509,000 | 50 LEMSFORD LANE |
18 Nov 2022 | £497,673 | £500,000 | 37 NEWFIELDS |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Newfields |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Newfields |
May 2024 | Violence and sexual offences | Under investigation | On or near Newfields |
Apr 2024 | Anti-social behaviour | On or near Lemsford Lane | |
Apr 2024 | Anti-social behaviour | On or near Lemsford Lane |