£703,506
This estimated value is based upon the latest sale price for the house of £575,000 on 27 Feb 2020. 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 |
|---|---|
| £575,000 | 27 Feb 2020 |
| £606,000 | 20 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 February 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £575,000 results in an estimated price of approximately £703,506.
| 27 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £575,000 | £128,506 | £703,506 |
The Postcode Pricing Model uses changes in average sales price within the AL6 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 | -49.979 % | £-287,379 | £287,620 |
| 3 Month Average | -9.050 % | £-52,039 | £522,960 |
| 6 Month Average | 43.096 % | £247,804 | £822,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £720,669 | £710,000 | 3 TREVENA GARDENS |
| 31 Jul 2023 | £534,190 | £527,000 | 4 ELLESFIELD |
| 3 Apr 2023 | £753,109 | £745,000 | 6A ELMOOR AVENUE |
| 10 Feb 2023 | £389,738 | £390,000 | 34B HIGH STREET |
| 30 Sep 2022 | £768,792 | £775,000 | 6 ELMOOR AVENUE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 22 Nov 2019. Using an estimated price of £703,507 means this house is valued at £6,513 per sq meter (£605 per sq foot).
The average size of a house on THE GREEN is 204 sq meters (2,206 sq feet).
This house is the smallest in the street with a floor area of 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near The Green | |
| Feb 2024 | Anti-social behaviour | On or near The Green | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Green |
| Dec 2023 | Anti-social behaviour | On or near The Green | |
| Dec 2023 | Anti-social behaviour | On or near The Green |