£435,324
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Aug 2011. 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 | 22 Aug 2011 |
£220,000 | 11 Dec 2006 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 873 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 2011 the House Price Index for HERTFORDSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £250,000 results in an estimated price of approximately £435,324.
22 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.130 % | £250,000 | £185,324 | £435,324 |
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 | 50.441 % | £126,102 | £376,102 |
3 Month Average | 72.404 % | £181,008 | £431,008 |
6 Month Average | 32.144 % | £80,361 | £330,361 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £457,022 | £450,000 | 15 DOWNFIELDS |
22 Aug 2023 | £585,561 | £575,000 | 61 MARSDEN GREEN |
4 Aug 2023 | £455,719 | £447,500 | 1 MARSDEN CLOSE |
9 Jun 2023 | £520,429 | £510,000 | 26 MARSDEN GREEN |
8 Jul 2022 | £479,808 | £475,000 | 54 MARSDEN GREEN |
This house has a floor area of 81 sq meters or 873 sq feet when measured on 23 May 2011. Using an estimated price of £435,325 means this house is valued at £5,364 per sq meter (£498 per sq foot).
The average size of a house on SPRINGFIELDS is 85 sq meters (916 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Springfields |
May 2024 | Anti-social behaviour | On or near Springfields | |
May 2024 | Anti-social behaviour | On or near Springfields | |
May 2024 | Anti-social behaviour | On or near Springfields | |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Springfields |