£519,617
This estimated value is based upon the latest sale price for the house of £485,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Handside House, 131 Handside Lane, Welwyn Garden City, AL8 6TA
Phone: 01438412057
| Price Paid | Date |
|---|---|
| £485,000 | 17 Dec 2021 |
| Terraced |
| Freehold |
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 2021 the House Price Index for HERTFORDSHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £485,000 results in an estimated price of approximately £519,617.
| 17 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £485,000 | £34,617 | £519,617 |
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 | -5.665 % | £-27,474 | £457,525 |
| 3 Month Average | -37.241 % | £-180,619 | £304,380 |
| 6 Month Average | -15.513 % | £-75,239 | £409,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £580,075 | £575,000 | 61 MARSDEN GREEN |
| 4 Aug 2023 | £451,449 | £447,500 | 1 MARSDEN CLOSE |
| 9 Jun 2023 | £516,253 | £510,000 | 26 MARSDEN GREEN |
| 8 Jul 2022 | £476,282 | £475,000 | 54 MARSDEN GREEN |
| 22 Apr 2022 | £566,390 | £550,000 | 29 SPRINGFIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Heather Road |
| Feb 2024 | Anti-social behaviour | On or near Springfields | |
| Feb 2024 | Anti-social behaviour | On or near Springfields | |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Stanborough Green |
| Mar 2024 | Burglary | Under investigation | On or near Stanborough Green |