£734,829
This estimated value is based upon the latest sale price for the house of £712,250 on 6 Dec 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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6a High Street, Welwyn, AL6 9EG
Phone: 01438412033
| Price Paid | Date |
|---|---|
| £712,250 | 6 Dec 2023 |
| 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 December 2023 the House Price Index for HERTFORDSHIRE was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £712,250 results in an estimated price of approximately £734,829.
| 6 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £712,250 | £22,579 | £734,829 |
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 | 85.913 % | £611,916 | £1,324,166 |
| 3 Month Average | 53.650 % | £382,125 | £1,094,375 |
| 6 Month Average | 20.455 % | £145,693 | £857,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £949,506 | £949,506 | 11 FERN GROVE |
| 6 Dec 2023 | £734,830 | £712,250 | 2 FERN GROVE |
| 5 Apr 2023 | £461,125 | £452,500 | 1 DIGSWELL HOUSE MEWS |
| 31 Jan 2022 | £1,018,851 | £961,000 | 9 FERN GROVE |
| 7 Jan 2022 | £424,079 | £400,000 | 58 KIRKLANDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willow Grove |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Monks Rise |
| Oct 2024 | Anti-social behaviour | On or near Redwoods | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hitherway |