£501,295
This estimated value is based upon the latest sale price for the house of £415,000 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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16 Great Break, Welwyn Garden City, AL7 3EZ
Phone: 02081284794
| Price Paid | Date |
|---|---|
| £415,000 | 21 Aug 2020 |
| £290,000 | 3 Sep 2007 |
| £250,000 | 27 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 August 2020 the House Price Index for HERTFORDSHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £415,000 results in an estimated price of approximately £501,295.
| 21 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £415,000 | £86,295 | £501,295 |
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 | 22.639 % | £93,951 | £508,951 |
| 3 Month Average | 12.145 % | £50,403 | £465,403 |
| 6 Month Average | 15.200 % | £63,078 | £478,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £482,255 | £480,000 | 13 TUBBS CROFT |
| 26 Apr 2022 | £378,659 | £365,000 | 239 KNELLA ROAD |
| 8 Apr 2022 | £674,324 | £650,000 | 287 KNELLA ROAD |
| 23 Feb 2022 | £293,695 | £278,000 | 23 GREAT SAMPSONS FIELD |
| 30 Sep 2021 | £515,645 | £475,000 | 32 LANGSTONE LEY |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 11 Feb 2020. Using an estimated price of £501,296 means this house is valued at £4,729 per sq meter (£439 per sq foot).
The average size of a house on ELDERFIELD is 113 sq meters (1,218 sq feet).
This house is the largest in the street with a floor area of 106 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elderfield |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ridgeway |
| Aug 2024 | Other theft | Under investigation | On or near Ridgeway |
| Oct 2024 | Anti-social behaviour | On or near Great Sampsons Field | |
| Oct 2024 | Anti-social behaviour | On or near Great Sampsons Field |