£1,114,576
This estimated value is based upon the latest sale price for the house of £850,000 on 20 Dec 2016. 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 |
|---|---|
| £850,000 | 20 Dec 2016 |
| £540,000 | 23 Mar 2012 |
| Semi-Detached |
| Leasehold |
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 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £850,000 results in an estimated price of approximately £1,114,576.
| 20 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £850,000 | £264,576 | £1,114,576 |
The Postcode Pricing Model uses changes in average sales price within the SG14 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 | -27.710 % | £-235,537 | £614,462 |
| 3 Month Average | -9.693 % | £-82,391 | £767,608 |
| 6 Month Average | 8.319 % | £70,711 | £920,711 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £375,000 | £375,000 | 1 LOWER GREEN |
| 20 Sep 2023 | £506,476 | £500,000 | 35 LOWER GREEN |
| 15 Sep 2023 | £747,558 | £738,000 | 8 HARWOOD CLOSE |
| 9 Feb 2023 | £699,529 | £700,000 | 10 CANNONS MEADOW |
| 3 Aug 2022 | £819,394 | £821,600 | 16 HARWOOD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Anti-social behaviour | On or near The Hazels | |
| Feb 2024 | Anti-social behaviour | On or near The Hazels |