£1,333,858
This estimated value is based upon the latest sale price for the house of £1,300,000 on 20 Nov 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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38 Wigmores North, Welwyn Garden City, AL8 6PH
Phone: 01707800134
Price Paid | Date |
---|---|
£1,300,000 | 20 Nov 2023 |
£545,000 | 4 Aug 2017 |
Detached |
Leasehold |
Floor Area: 88 sq meters or 947 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 2023 the House Price Index for HERTFORDSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £1,300,000 results in an estimated price of approximately £1,333,858.
20 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £1,300,000 | £33,858 | £1,333,858 |
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 | 68.984 % | £896,788 | £2,196,788 |
3 Month Average | -1.964 % | £-25,536 | £1,274,463 |
6 Month Average | -9.448 % | £-122,827 | £1,177,172 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2024 | £675,000 | £675,000 | 41 WOODLAND RISE |
20 Nov 2023 | £1,333,859 | £1,300,000 | 39 REDDINGS |
19 Oct 2023 | £1,023,240 | £1,000,000 | 3 ROUNDWOOD DRIVE |
28 Sep 2023 | £1,165,697 | £1,140,000 | 49 SHERRARDSPARK ROAD |
21 Aug 2023 | £884,554 | £868,600 | 10 WOODLAND RISE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 17 Oct 2016. Using an estimated price of £1,333,859 means this house is valued at £15,157 per sq meter (£1,408 per sq foot).
The average size of a house on REDDINGS is 188 sq meters (2,026 sq feet).
This house is the smallest in the street with a floor area of 88 sq meters (947 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Reddings | |
Jun 2024 | Anti-social behaviour | On or near Reddings | |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near The Glade |
Jun 2024 | Anti-social behaviour | On or near Roundwood Drive | |
Jun 2024 | Anti-social behaviour | On or near Roundwood Drive |