£460,702
This estimated value is based upon the latest sale price for the house of £445,000 on 24 Feb 2022. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Melbourne Court
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Handside House, 131 Handside Lane, Welwyn Garden City, AL8 6TA
Phone: 01438412057
| Price Paid | Date |
|---|---|
| £445,000 | 24 Feb 2022 |
| £250,000 | 2 Sep 2009 |
| £196,500 | 1 May 2009 |
| £200,000 | 17 Apr 2009 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 February 2022 the House Price Index for HERTFORDSHIRE was 141.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.529%.Applying this 3.529% change to the original purchase price of £445,000 results in an estimated price of approximately £460,702.
| 24 Feb 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 146.7 | 3.529 % | £445,000 | £15,702 | £460,702 |
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 | -19.838 % | £-88,278 | £356,721 |
| 3 Month Average | -50.338 % | £-224,002 | £220,997 |
| 6 Month Average | -20.708 % | £-92,149 | £352,850 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 30 Sep 2021.
The average size of a house on HANDSIDE LANE is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Melbourne Court |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Melbourne Court |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Melbourne Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Newfields |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Newfields |