£585,561
This estimated value is based upon the latest sale price for the house of £575,000 on 22 Aug 2023. 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 |
---|---|
£575,000 | 22 Aug 2023 |
£435,000 | 2 Jul 2018 |
£250,000 | 21 Mar 2003 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 August 2023 the House Price Index for HERTFORDSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £575,000 results in an estimated price of approximately £585,561.
22 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £575,000 | £10,561 | £585,561 |
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 | 984.441 % | £5,660,534 | £6,235,534 |
3 Month Average | 35.041 % | £201,484 | £776,484 |
6 Month Average | 10.675 % | £61,379 | £636,379 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
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 |
8 Jul 2022 | £479,808 | £475,000 | 54 MARSDEN GREEN |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 15 Dec 2017. Using an estimated price of £585,561 means this house is valued at £6,434 per sq meter (£597 per sq foot).
The average size of a house on MARSDEN GREEN is 103 sq meters (1,113 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Unable to prosecute suspect | On or near Marsden Green |
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 |
Oct 2024 | Burglary | Under investigation | On or near Springfields |
Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area |