£354,605
This estimated value is based upon the latest sale price for the house of £280,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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16 Howardsgate, Welwyn Garden City, AL8 6BQ
Phone: 01707800178
| Price Paid | Date |
|---|---|
| £280,000 | 8 Dec 2017 |
| £187,000 | 2 Aug 2013 |
| £187,000 | 2 Aug 2013 |
| £169,950 | 22 Dec 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 December 2017 the House Price Index for HERTFORDSHIRE was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £280,000 results in an estimated price of approximately £354,605.
| 8 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £280,000 | £74,605 | £354,605 |
The Postcode Pricing Model uses changes in average sales price within the AL7 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 | 8.672 % | £24,281 | £304,281 |
| 3 Month Average | 30.009 % | £84,024 | £364,024 |
| 6 Month Average | 20.345 % | £56,967 | £336,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £257,234 | £255,000 | 92 MERRIFIELD COURT |
| 2 Oct 2023 | £273,717 | £267,500 | 36 MERRIFIELD COURT |
| 8 Sep 2023 | £288,357 | £282,000 | 46 MERRIFIELD COURT |
| 2 Sep 2022 | £274,816 | £275,000 | 59 MERRIFIELD COURT |
| 28 Jul 2022 | £272,733 | £270,000 | 19 MERRIFIELD COURT |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 18 Sep 2017. Using an estimated price of £354,605 means this house is valued at £6,010 per sq meter (£558 per sq foot).
The average size of a house on MERRIFIELD COURT is 65 sq meters (701 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Merrifield Court |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merrifield Court |
| Sep 2024 | Anti-social behaviour | On or near Merrifield Court | |
| Sep 2024 | Drugs | Under investigation | On or near Merrifield Court |
| Sep 2024 | Anti-social behaviour | On or near Merrifield Court |