£1,102,695
This estimated value is based upon the latest sale price for the house of £870,000 on 1 Sep 2017. 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 Oakhill Drive
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6a High Street, Welwyn, AL6 9EG
Phone: 01438412033
| Price Paid | Date |
|---|---|
| £870,000 | 1 Sep 2017 |
| £620,000 | 13 Sep 2005 |
| £450,000 | 29 Feb 2000 |
| Detached |
| Freehold |
| Floor Area: 200 sq meters or 2,152 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 September 2017 the House Price Index for HERTFORDSHIRE was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £870,000 results in an estimated price of approximately £1,102,695.
| 1 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £870,000 | £232,695 | £1,102,695 |
The Postcode Pricing Model uses changes in average sales price within the AL6 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 | -25.419 % | £-221,149 | £648,850 |
| 3 Month Average | -1.440 % | £-12,524 | £857,475 |
| 6 Month Average | 41.080 % | £357,398 | £1,227,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2022 | £868,872 | £852,500 | 32 FULLING MILL LANE |
| 22 Mar 2022 | £616,576 | £595,000 | 37 CODICOTE ROAD |
| 24 Feb 2022 | £1,205,999 | £1,150,000 | 51 CODICOTE ROAD |
| 3 Feb 2022 | £1,048,694 | £1,000,000 | 22 FULLING MILL LANE |
| 17 Jan 2022 | £947,167 | £900,000 | 27 OAKHILL DRIVE |
This house has a floor area of 200 sq meters or 2,152 sq feet when measured on 23 Feb 2017. Using an estimated price of £1,102,695 means this house is valued at £5,513 per sq meter (£512 per sq foot).
The average size of a house on OAKHILL DRIVE is 190 sq meters (2,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakhill Drive |
| Feb 2024 | Anti-social behaviour | On or near Fulling Mill Lane | |
| Feb 2024 | Anti-social behaviour | On or near Fulling Mill Lane | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilga Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Wilga Road |