£238,874
This estimated value is based upon the latest sale price for the house of £240,000 on 19 Jan 2023. 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 |
|---|---|
| £240,000 | 19 Jan 2023 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 564 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 2023 the House Price Index for HERTFORDSHIRE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £240,000 results in an estimated price of approximately £238,874.
| 19 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £240,000 | £-1,125 | £238,874 |
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 | -5.373 % | £-12,894 | £227,105 |
| 3 Month Average | -46.132 % | £-110,715 | £129,284 |
| 6 Month Average | -39.187 % | £-94,048 | £145,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £692,110 | £680,000 | 13 CROSSWAY |
| 19 Jan 2023 | £238,875 | £240,000 | 46 MONKSWOOD |
| 16 Sep 2022 | £626,937 | £632,000 | 44 CROSSWAY |
| 20 Jul 2022 | £235,634 | £235,000 | 32 MONKSWOOD |
| 12 Jul 2022 | £255,688 | £255,000 | 5 THE FIRS |
This house has a floor area of 52 sq meters or 564 sq feet when measured on 20 Jan 2011. Using an estimated price of £238,875 means this house is valued at £4,551 per sq meter (£422 per sq foot).
The average size of a house on MONKSWOOD is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Firs |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mayfield |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crossway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Crossway |
| Dec 2023 | Vehicle crime | Under investigation | On or near Crossway |