£1,194,824
This estimated value is based upon the latest sale price for the house of £670,000 on 10 Sep 2009. 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 |
---|---|
£670,000 | 10 Sep 2009 |
£500,000 | 24 Sep 2003 |
Detached |
Leasehold |
Floor Area: 161 sq meters or 1,740 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 September 2009 the House Price Index for HERTFORDSHIRE was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £670,000 results in an estimated price of approximately £1,194,824.
10 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 148.6 | 78.332 % | £670,000 | £524,824 | £1,194,824 |
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 | 81.176 % | £543,879 | £1,213,879 |
3 Month Average | 12.302 % | £82,420 | £752,420 |
6 Month Average | 55.622 % | £372,664 | £1,042,664 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2023 | £1,281,208 | £1,270,000 | 30 SHERRARDSPARK ROAD |
21 Jun 2023 | £688,338 | £680,000 | 12 SCHOLARS MEWS |
12 Jun 2023 | £809,809 | £800,000 | 7 SHERRARDSPARK ROAD |
19 Aug 2022 | £1,372,306 | £1,376,000 | 15 SHERRARDSPARK ROAD |
16 Jun 2022 | £1,254,732 | £1,237,000 | 5 SHERRARDSPARK ROAD |
This house has a floor area of 161 sq meters or 1,740 sq feet when measured on 11 May 2009. Using an estimated price of £1,194,824 means this house is valued at £7,389 per sq meter (£686 per sq foot).
The average size of a house on MANDEVILLE RISE is 150 sq meters (1,617 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Mandeville Rise | |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Mandeville Rise |
Apr 2024 | Anti-social behaviour | On or near Mandeville Rise | |
Apr 2024 | Anti-social behaviour | On or near Scholars Mews | |
Jan 2024 | Anti-social behaviour | On or near Scholars Mews |