£1,053,282
This estimated value is based upon the latest sale price for the house of £767,500 on 7 Jan 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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6a High Street, Welwyn, AL6 9EG
Phone: 01438412033
| Price Paid | Date |
|---|---|
| £767,500 | 7 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 210 sq meters or 2,260 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 January 2016 the House Price Index for HERTFORDSHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £767,500 results in an estimated price of approximately £1,053,282.
| 7 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £767,500 | £285,782 | £1,053,282 |
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 | -45.322 % | £-347,845 | £419,654 |
| 3 Month Average | -3.480 % | £-26,712 | £740,787 |
| 6 Month Average | 43.834 % | £336,426 | £1,103,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jan 2023 | £1,119,725 | £1,125,000 | 7B OAKLANDS RISE |
| 23 Nov 2021 | £865,211 | £800,000 | 12 FIRWAY |
| 29 Sep 2021 | £1,239,231 | £1,150,000 | 22 BRACKEN LANE |
| 17 Sep 2021 | £1,163,800 | £1,080,000 | OAKWOOD HOUSE, 14B OAKLANDS RISE |
| 10 Dec 2020 | £1,319,870 | £1,150,000 | 21 BRACKEN LANE |
This house has a floor area of 210 sq meters or 2,260 sq feet when measured on 4 Mar 2015. Using an estimated price of £1,053,282 means this house is valued at £5,015 per sq meter (£465 per sq foot).
The average size of a house on OAKLANDS RISE is 234 sq meters (2,526 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Turpins Chase |
| Mar 2024 | Vehicle crime | Under investigation | On or near The Chase |
| Mar 2024 | Vehicle crime | Under investigation | On or near Woodland Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Mardley Hill |
| Mar 2024 | Vehicle crime | Under investigation | On or near Briary Wood End |