£293,020
This estimated value is based upon the latest sale price for the house of £170,000 on 15 Dec 2011. 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 |
|---|---|
| £170,000 | 15 Dec 2011 |
| £170,000 | 15 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 732 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 2011 the House Price Index for HERTFORDSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £170,000 results in an estimated price of approximately £293,020.
| 15 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £170,000 | £123,020 | £293,020 |
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 | 71.019 % | £120,732 | £290,732 |
| 3 Month Average | 93.166 % | £158,381 | £328,381 |
| 6 Month Average | 77.428 % | £131,628 | £301,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2022 | £337,276 | £340,000 | 52 EDDINGTON CRESCENT |
| 26 Aug 2022 | £337,093 | £338,000 | 46 EDDINGTON CRESCENT |
| 30 May 2022 | £207,408 | £203,500 | 129 EDDINGTON CRESCENT |
| 25 May 2022 | £484,122 | £475,000 | 102 EDDINGTON CRESCENT |
| 25 Mar 2022 | £476,681 | £460,000 | 6 EDDINGTON CRESCENT |
This house has a floor area of 68 sq meters or 732 sq feet when measured on 17 Sep 2010. Using an estimated price of £293,020 means this house is valued at £4,305 per sq meter (£400 per sq foot).
The average size of a house on EDDINGTON CRESCENT is 75 sq meters (815 sq feet).