£1,235
This estimated value is based upon the latest sale price for the house of £1,000 on 30 Oct 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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53 Wigmores North, Welwyn Garden City, AL8 6PG
Phone: 01707800135
| Price Paid | Date |
|---|---|
| £1,000 | 30 Oct 2019 |
| Leasehold |
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 October 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £1,000 results in an estimated price of approximately £1,235.
| 30 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £1,000 | £235 | £1,235 |
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 | 27.132 % | £271 | £1,271 |
| 3 Month Average | 33.390 % | £333 | £1,333 |
| 6 Month Average | -2.896 % | £-28 | £971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £247,609 | £240,000 | 20 CHURCH ROAD |
| 4 Dec 2023 | £248,640 | £241,000 | 11 LONGCROFT HOUSE FRETHERNE ROAD |
| 9 Sep 2022 | £319,786 | £320,000 | APARTMENT 7 38 - 40 STONEHILLS |
| 1 Aug 2022 | £1,260,896 | £1,255,000 | 4 - 6 HOWARDSGATE |
| 1 Jun 2022 | £255,461 | £250,000 | APARTMENT 13 38 - 40 STONEHILLS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Fretherne Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fretherne Road |
| Jul 2024 | Other crime | Awaiting court outcome | On or near Fretherne Road |
| Jul 2024 | Other theft | Under investigation | On or near Fretherne Road |
| Jun 2024 | Anti-social behaviour | On or near Fretherne Road |