£316,838
This estimated value is based upon the latest sale price for the house of £255,000 on 22 Jul 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
16 Great Break, Welwyn Garden City, AL7 3EZ
Phone: 02081284794
| Price Paid | Date |
|---|---|
| £255,000 | 22 Jul 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 July 2019 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £255,000 results in an estimated price of approximately £316,838.
| 22 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £255,000 | £61,838 | £316,838 |
The Postcode Pricing Model uses changes in average sales price within the AL7 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 | 60.334 % | £153,852 | £408,852 |
| 3 Month Average | 35.613 % | £90,813 | £345,813 |
| 6 Month Average | 30.829 % | £78,613 | £333,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £385,000 | £385,000 | 5 BALDWINS |
| 31 May 2024 | £621,000 | £621,000 | 29 THE PADDOCKS |
| 24 Nov 2023 | £246,251 | £240,000 | 5 HEATHCROFT |
| 2 Mar 2023 | £203,397 | £200,000 | 103 MOORS WALK |
| 6 Jan 2023 | £230,616 | £230,000 | 48 THE PADDOCKS |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 21 Jan 2019. Using an estimated price of £316,839 means this house is valued at £4,281 per sq meter (£397 per sq foot).
The average size of a house on GROVE MEADOW is 89 sq meters (964 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Grove Meadow |