£392,689
This estimated value is based upon the latest sale price for the house of £240,000 on 10 Oct 2013. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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53 Wigmores North, Welwyn Garden City, AL8 6PG
Phone: 01707800135
| Price Paid | Date |
|---|---|
| £240,000 | 10 Oct 2013 |
| £225,000 | 19 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 2013 the House Price Index for HERTFORDSHIRE was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £240,000 results in an estimated price of approximately £392,689.
| 10 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £240,000 | £152,689 | £392,689 |
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 | 51.613 % | £123,872 | £363,872 |
| 3 Month Average | -9.847 % | £-23,633 | £216,366 |
| 6 Month Average | 25.185 % | £60,444 | £300,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £244,274 | £240,000 | 20 CHURCH ROAD |
| 4 Dec 2023 | £245,292 | £241,000 | 11 LONGCROFT HOUSE FRETHERNE ROAD |
| 19 May 2022 | £379,144 | £372,000 | 44 FRETHERNE ROAD |
| 12 Feb 2022 | £249,065 | £237,500 | FLAT 2 STONEHILLS HOUSE STONEHILLS |
| 29 Sep 2021 | £334,054 | £310,000 | 13 LONGCROFT HOUSE FRETHERNE ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 10 Jun 2013. Using an estimated price of £392,689 means this house is valued at £6,135 per sq meter (£570 per sq foot).
The average size of a house on CHURCH ROAD is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Fretherne Road | |
| Apr 2024 | Drugs | Under investigation | On or near Fretherne Road |
| Apr 2024 | Anti-social behaviour | On or near Fretherne Road | |
| Apr 2024 | Anti-social behaviour | On or near Fretherne Road | |
| Apr 2024 | Anti-social behaviour | On or near Fretherne Road |