£924,410
This estimated value is based upon the latest sale price for the house of £750,000 on 5 Feb 2020. 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 |
|---|---|
| £750,000 | 5 Feb 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £750,000 results in an estimated price of approximately £924,410.
| 5 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £750,000 | £174,410 | £924,410 |
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 | 8.524 % | £63,929 | £813,929 |
| 3 Month Average | 10.546 % | £79,097 | £829,097 |
| 6 Month Average | -0.720 % | £-5,397 | £744,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £818,592 | £800,000 | 70 BROCKSWOOD LANE |
| 16 Sep 2022 | £1,159,226 | £1,160,000 | 27 HIGH OAKS ROAD |
| 25 Aug 2022 | £733,429 | £730,000 | 8 BROCKSWOOD LANE |
| 27 Jun 2022 | £1,328,396 | £1,300,000 | 10 DOGNELL GREEN |
| 16 Jun 2022 | £1,078,044 | £1,055,000 | 8 DOGNELL GREEN |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 22 Aug 2019. Using an estimated price of £924,410 means this house is valued at £6,419 per sq meter (£596 per sq foot).
The average size of a house on BROCKSWOOD LANE is 135 sq meters (1,457 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brockswood Lane |
| Jun 2024 | Anti-social behaviour | On or near Reddings | |
| Jun 2024 | Anti-social behaviour | On or near Reddings | |
| Jul 2024 | Drugs | Under investigation | On or near Handside Green |
| Jun 2024 | Anti-social behaviour | On or near Roundwood Drive |