£741,532
This estimated value is based upon the latest sale price for the house of £745,000 on 8 Nov 2022. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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3 Bridge Road, Welwyn Garden City, AL8 6UN
Phone: 01707684261
Price Paid | Date |
---|---|
£745,000 | 8 Nov 2022 |
£465,000 | 1 Aug 2013 |
£367,500 | 21 Dec 2007 |
£176,250 | 26 May 1999 |
£127,500 | 27 Mar 1996 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 November 2022 the House Price Index for HERTFORDSHIRE was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £745,000 results in an estimated price of approximately £741,532.
8 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.4 | 149.7 | -0.465 % | £745,000 | £-3,467 | £741,532 |
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 | -13.539 % | £-100,863 | £644,136 |
3 Month Average | -21.511 % | £-160,255 | £584,744 |
6 Month Average | -31.395 % | £-233,890 | £511,109 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2022 | £741,533 | £745,000 | 3 GRESLEY CLOSE |
29 Mar 2022 | £756,851 | £725,000 | 16 GRESLEY CLOSE |
18 Dec 2020 | £630,134 | £545,000 | 50 GRESLEY CLOSE |
28 Aug 2020 | £833,480 | £690,000 | 12 THE ORCHARD |
24 Jul 2020 | £803,981 | £660,000 | 7 GRESLEY CLOSE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 1 May 2013. Using an estimated price of £741,533 means this house is valued at £6,231 per sq meter (£578 per sq foot).
The average size of a house on GRESLEY CLOSE is 83 sq meters (901 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gresley Close |
Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Gresley Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Gresley Close |
Jun 2024 | Other theft | Under investigation | On or near Gresley Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Gresley Close |