£1,041,150
This estimated value is based upon the latest sale price for the house of £825,000 on 27 Oct 2017. 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 |
---|---|
£825,000 | 27 Oct 2017 |
Detached |
Leasehold |
Floor Area: 120 sq meters or 1,291 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 October 2017 the House Price Index for HERTFORDSHIRE was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £825,000 results in an estimated price of approximately £1,041,150.
27 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £825,000 | £216,150 | £1,041,150 |
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 | 2.598 % | £21,432 | £846,432 |
3 Month Average | -41.616 % | £-343,332 | £481,667 |
6 Month Average | -4.367 % | £-36,031 | £788,968 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £1,154,765 | £1,140,000 | 49 SHERRARDSPARK ROAD |
21 Aug 2023 | £876,266 | £868,600 | 10 WOODLAND RISE |
15 Aug 2023 | £1,281,208 | £1,270,000 | 30 SHERRARDSPARK ROAD |
26 Apr 2023 | £1,061,429 | £1,050,000 | 40 SHERRARDSPARK ROAD |
23 Mar 2023 | £849,503 | £841,500 | 7 ROUNDWOOD DRIVE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 24 Aug 2017. Using an estimated price of £1,041,150 means this house is valued at £8,676 per sq meter (£806 per sq foot).
There is one other house on the street which we know the size of, this is 8 ASHLEY CLOSE it is 237.62
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashley Close |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near The Glade |
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 Mandeville Rise |