£330,243
This estimated value is based upon the latest sale price for the house of £250,000 on 8 Dec 2016. 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 |
|---|---|
| £250,000 | 8 Dec 2016 |
| £186,950 | 17 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 642 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 December 2016 the House Price Index for HERTFORDSHIRE was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £250,000 results in an estimated price of approximately £330,243.
| 8 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £250,000 | £80,243 | £330,243 |
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 | 46.754 % | £116,886 | £366,886 |
| 3 Month Average | 29.270 % | £73,175 | £323,175 |
| 6 Month Average | 26.236 % | £65,589 | £315,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £257,234 | £255,000 | 92 MERRIFIELD COURT |
| 2 Oct 2023 | £273,717 | £267,500 | 36 MERRIFIELD COURT |
| 8 Sep 2023 | £288,357 | £282,000 | 46 MERRIFIELD COURT |
| 2 Sep 2022 | £274,816 | £275,000 | 59 MERRIFIELD COURT |
| 28 Jul 2022 | £272,733 | £270,000 | 19 MERRIFIELD COURT |
This house has a floor area of 59 sq meters or 642 sq feet when measured on 2 Mar 2010. Using an estimated price of £330,243 means this house is valued at £5,528 per sq meter (£513 per sq foot).
The average size of a house on MERRIFIELD COURT is 65 sq meters (701 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merrifield Court |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Merrifield Court |
| Sep 2024 | Anti-social behaviour | On or near Merrifield Court | |
| Sep 2024 | Anti-social behaviour | On or near Merrifield Court | |
| Sep 2024 | Drugs | Under investigation | On or near Merrifield Court |