£818,791
This estimated value is based upon the latest sale price for the house of £540,000 on 25 Sep 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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3 Bridge Road, Welwyn Garden City, AL8 6UN
Phone: 01707684261
| Price Paid | Date |
|---|---|
| £540,000 | 25 Sep 2014 |
| Semi-Detached |
| Leasehold |
| Floor Area: 116 sq meters or 1,248 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 2014 the House Price Index for HERTFORDSHIRE was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £540,000 results in an estimated price of approximately £818,791.
| 25 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £540,000 | £278,791 | £818,791 |
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 | 23.629 % | £127,598 | £667,598 |
| 3 Month Average | 42.038 % | £227,005 | £767,005 |
| 6 Month Average | 21.665 % | £116,992 | £656,992 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £741,342 | £725,000 | 1 TEMPLEWOOD |
| 30 Mar 2023 | £686,464 | £675,000 | 7 NUT GROVE |
| 17 Feb 2023 | £775,178 | £770,000 | 2 HAWTHORNS |
| 1 Feb 2023 | £654,371 | £650,000 | 22 TEMPLEWOOD |
| 28 Sep 2022 | £429,713 | £430,000 | 47 GREAT DELL |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 1 May 2014. Using an estimated price of £818,791 means this house is valued at £7,058 per sq meter (£655 per sq foot).
The average size of a house on PITSFIELD is 145 sq meters (1,562 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Nut Grove | |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nut Grove |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nut Grove |
| Apr 2024 | Anti-social behaviour | On or near Nut Grove | |
| Apr 2024 | Anti-social behaviour | On or near Nut Grove |