£456,881
This estimated value is based upon the latest sale price for the house of £268,000 on 12 Nov 2012. 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 |
---|---|
£268,000 | 12 Nov 2012 |
£237,000 | 19 Sep 2005 |
£102,000 | 25 Aug 1998 |
£88,500 | 17 Mar 1995 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 November 2012 the House Price Index for HERTFORDSHIRE was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £268,000 results in an estimated price of approximately £456,881.
12 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 149.7 | 70.478 % | £268,000 | £188,881 | £456,881 |
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 | 31.348 % | £84,011 | £352,011 |
3 Month Average | 52.873 % | £141,699 | £409,699 |
6 Month Average | 69.263 % | £185,624 | £453,624 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £264,057 | £260,000 | 94 SPRINGFIELDS |
3 Nov 2023 | £584,846 | £570,000 | 12 MARSDEN ROAD |
22 Aug 2023 | £585,561 | £575,000 | 61 MARSDEN GREEN |
4 Aug 2023 | £455,719 | £447,500 | 1 MARSDEN CLOSE |
9 Jun 2023 | £520,429 | £510,000 | 26 MARSDEN GREEN |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 7 Aug 2012. Using an estimated price of £456,882 means this house is valued at £5,133 per sq meter (£476 per sq foot).
The average size of a house on MARSDEN GREEN is 103 sq meters (1,113 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Under investigation | On or near Heather Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heather Road |
Sep 2024 | Other theft | Unable to prosecute suspect | On or near Marsden Green |
Oct 2024 | Burglary | Under investigation | On or near Springfields |
Oct 2024 | Vehicle crime | Under investigation | On or near Stanborough Green |