£488,950
This estimated value is based upon the latest sale price for the house of £283,000 on 23 Feb 2012. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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6a High Street, Welwyn, AL6 9EG
Phone: 01438412033
| Price Paid | Date |
|---|---|
| £283,000 | 23 Feb 2012 |
| £310,000 | 31 Oct 2007 |
| £245,000 | 15 Nov 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 February 2012 the House Price Index for HERTFORDSHIRE was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £283,000 results in an estimated price of approximately £488,950.
| 23 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £283,000 | £205,950 | £488,950 |
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 | 97.731 % | £276,578 | £559,578 |
| 3 Month Average | 60.517 % | £171,261 | £454,261 |
| 6 Month Average | 40.647 % | £115,031 | £398,031 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £701,557 | £680,000 | 13 CROSSWAY |
| 19 Jan 2023 | £240,643 | £240,000 | 46 MONKSWOOD |
| 20 Jul 2022 | £237,379 | £235,000 | 32 MONKSWOOD |
| 12 Jul 2022 | £257,581 | £255,000 | 5 THE FIRS |
| 21 Jun 2022 | £495,594 | £485,000 | 43 UPLANDS |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 4 Feb 2016. Using an estimated price of £488,951 means this house is valued at £5,146 per sq meter (£478 per sq foot).
The average size of a house on MONKSWOOD is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Firs |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Firs |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Firs |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Firs |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near The Firs |