£877,500
This estimated value is based upon the latest sale price for the house of £865,100 on 10 Jun 2022. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Handside House, 131 Handside Lane, Welwyn Garden City, AL8 6TA
Phone: 01438412057
| Price Paid | Date |
|---|---|
| £865,100 | 10 Jun 2022 |
| Detached |
| Leasehold |
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 June 2022 the House Price Index for HERTFORDSHIRE was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £865,100 results in an estimated price of approximately £877,500.
| 10 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £865,100 | £12,400 | £877,500 |
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 | 18.773 % | £162,405 | £1,027,505 |
| 3 Month Average | -43.331 % | £-374,856 | £490,243 |
| 6 Month Average | -19.726 % | £-170,653 | £694,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2023 | £503,926 | £498,500 | 4 FARM CLOSE |
| 16 Feb 2023 | £674,546 | £675,000 | 61 HANDSIDE LANE |
| 29 Jul 2022 | £858,310 | £856,000 | 2 HANDSIDE CLOSE |
| 24 Jun 2022 | £588,314 | £580,000 | 5 FARM CLOSE |
| 10 Jun 2022 | £877,501 | £865,100 | 110 GUESSENS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Farm Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Little Youngs |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Youngs Rise |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Youngs Rise |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Handside Lane |