£595,304
This estimated value is based upon the latest sale price for the house of £335,000 on 23 Feb 2006. 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 |
|---|---|
| £335,000 | 23 Feb 2006 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2006 the House Price Index for HERTFORDSHIRE was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £335,000 results in an estimated price of approximately £595,304.
| 23 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £335,000 | £260,304 | £595,304 |
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 | 90.283 % | £302,448 | £637,448 |
| 3 Month Average | 12.287 % | £41,161 | £376,161 |
| 6 Month Average | 73.416 % | £245,944 | £580,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2022 | £736,084 | £745,000 | 3 GRESLEY CLOSE |
| 29 Mar 2022 | £751,290 | £725,000 | 16 GRESLEY CLOSE |
| 18 Dec 2020 | £625,504 | £545,000 | 50 GRESLEY CLOSE |
| 30 Nov 2020 | £666,628 | £575,000 | 4 BLAKEMERE ROAD |
| 24 Jul 2020 | £798,074 | £660,000 | 7 GRESLEY CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 2 Sep 2015. Using an estimated price of £595,305 means this house is valued at £6,074 per sq meter (£564 per sq foot).
The average size of a house on GRESLEY CLOSE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gresley Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gresley Close |
| Apr 2024 | Anti-social behaviour | On or near Gresley Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gresley Close |
| Mar 2024 | Anti-social behaviour | On or near Gresley Close |