£550,431
This estimated value is based upon the latest sale price for the house of £450,000 on 15 May 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Police Station
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38 Wigmores North, Welwyn Garden City, AL8 6PH
Phone: 01707800134
| Price Paid | Date |
|---|---|
| £450,000 | 15 May 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 May 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £450,000 results in an estimated price of approximately £550,431.
| 15 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £450,000 | £100,431 | £550,431 |
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 | -18.522 % | £-83,347 | £366,652 |
| 3 Month Average | -27.524 % | £-123,857 | £326,142 |
| 6 Month Average | -9.909 % | £-44,592 | £405,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £609,016 | £600,000 | 17 ROSANNE HOUSE BRIDGE ROAD |
| 30 Jun 2023 | £929,256 | £918,000 | 9 THE QUADRANGLE |
| 17 Mar 2023 | £429,042 | £425,000 | 6 ROSANNE HOUSE BRIDGE ROAD |
| 20 Jul 2022 | £566,525 | £565,000 | FLAT 3 ASQUITH HOUSE GUESSENS ROAD |
| 4 Nov 2021 | £216 | £200 | 6 THE QUADRANGLE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 10 Sep 2019. Using an estimated price of £550,431 means this house is valued at £7,977 per sq meter (£741 per sq foot).
The average size of a house on BRIDGE ROAD is 106 sq meters (1,147 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Police Station | |
| Mar 2024 | Robbery | Under investigation | On or near Police Station |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Police Station |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Police Station |
| Mar 2024 | Other theft | Under investigation | On or near Police Station |