£639,116
This estimated value is based upon the latest sale price for the house of £510,000 on 6 Mar 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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16 Great Break, Welwyn Garden City, AL7 3EZ
Phone: 02081284794
| Price Paid | Date |
|---|---|
| £510,000 | 6 Mar 2018 |
| £337,500 | 8 Sep 2011 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 March 2018 the House Price Index for HERTFORDSHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £510,000 results in an estimated price of approximately £639,116.
| 6 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £510,000 | £129,116 | £639,116 |
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 | -8.485 % | £-43,272 | £466,727 |
| 3 Month Average | 13.920 % | £70,990 | £580,990 |
| 6 Month Average | 9.715 % | £49,548 | £559,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £222,698 | £220,000 | 51 WELLINGTON DRIVE |
| 4 Nov 2022 | £335,931 | £340,000 | 9 WELLINGTON DRIVE |
| 23 May 2022 | £346,529 | £340,000 | 7 WELLINGTON DRIVE |
| 4 Feb 2022 | £377,530 | £360,000 | 44 WELLINGTON DRIVE |
| 14 Jan 2022 | £349,399 | £332,000 | 22 WELLINGTON DRIVE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 4 Aug 2017. Using an estimated price of £639,117 means this house is valued at £5,810 per sq meter (£539 per sq foot).
The average size of a house on MITCHELL CLOSE is 163 sq meters (1,763 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Ley |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Long Ley |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Ley |
| Mar 2024 | Burglary | Under investigation | On or near The Meadow |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Meadow |