£783,845
This estimated value is based upon the latest sale price for the house of £495,000 on 18 Feb 2014. 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 |
---|---|
£495,000 | 18 Feb 2014 |
£320,000 | 5 Aug 2004 |
£94,500 | 26 Nov 2003 |
Semi-Detached |
Freehold |
Floor Area: 161 sq meters or 1,732 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 2014 the House Price Index for HERTFORDSHIRE was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £495,000 results in an estimated price of approximately £783,845.
18 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 148.6 | 58.353 % | £495,000 | £288,845 | £783,845 |
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 | 47.516 % | £235,204 | £730,204 |
3 Month Average | -7.956 % | £-39,382 | £455,617 |
6 Month Average | 28.480 % | £140,977 | £635,977 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £724,934 | £712,250 | 2 FERN GROVE |
5 Apr 2023 | £457,425 | £452,500 | 1 DIGSWELL HOUSE MEWS |
31 Jan 2022 | £1,011,364 | £961,000 | 9 FERN GROVE |
25 Nov 2021 | £973,362 | £900,000 | 11 DIGSWELL PARK ROAD |
15 Oct 2021 | £1,217,126 | £1,100,000 | 7 STONEMEAD |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 6 Sep 2013. Using an estimated price of £783,845 means this house is valued at £4,868 per sq meter (£452 per sq foot).
The average size of a house on KNIGHTSFIELD is 99 sq meters (1,076 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Redwoods |
Apr 2024 | Drugs | Under investigation | On or near Stonemead |
Apr 2024 | Drugs | Under investigation | On or near Stonemead |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Fern Grove |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Fern Grove |