£515,327
This estimated value is based upon the latest sale price for the house of £505,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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3 Bridge Road, Welwyn Garden City, AL8 6UN
Phone: 01707684261
| Price Paid | Date |
|---|---|
| £505,000 | 16 Jun 2023 |
| £410,000 | 11 Dec 2020 |
| £84,000 | 12 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 June 2023 the House Price Index for HERTFORDSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £505,000 results in an estimated price of approximately £515,327.
| 16 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £505,000 | £10,327 | £515,327 |
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 | 43.092 % | £217,615 | £722,615 |
| 3 Month Average | 18.936 % | £95,627 | £600,627 |
| 6 Month Average | 14.642 % | £73,943 | £578,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £347,000 | £347,000 | 17 BARNFIELD ROAD |
| 16 Jun 2023 | £515,327 | £505,000 | 24 BARNFIELD ROAD |
| 31 Mar 2023 | £635,615 | £625,000 | 87 WOODHALL LANE |
| 23 Mar 2023 | £534,933 | £526,000 | 42 BARNFIELD ROAD |
| 14 Feb 2023 | £422,824 | £420,000 | 38 BEECHFIELD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 8 Oct 2019. Using an estimated price of £515,327 means this house is valued at £8,179 per sq meter (£759 per sq foot).
The average size of a house on BARNFIELD ROAD is 82 sq meters (883 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barnfield Road |