£278,499
This estimated value is based upon the latest sale price for the house of £192,000 on 24 Apr 2015. 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 |
|---|---|
| £192,000 | 24 Apr 2015 |
| £146,000 | 6 May 2011 |
| £107,000 | 4 Oct 2002 |
| 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 April 2015 the House Price Index for HERTFORDSHIRE was 101.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.052%.Applying this 45.052% change to the original purchase price of £192,000 results in an estimated price of approximately £278,499.
| 24 Apr 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 146.7 | 45.052 % | £192,000 | £86,499 | £278,499 |
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 | 66.650 % | £127,968 | £319,968 |
| 3 Month Average | 62.438 % | £119,880 | £311,880 |
| 6 Month Average | 54.531 % | £104,699 | £296,699 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 28 Nov 2014.
The average size of a house on NEW WOOD is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heay Fields |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heay Fields |
| Dec 2023 | Criminal damage and arson | Further action is not in the public interest | On or near Heay Fields |
| Mar 2024 | Burglary | Under investigation | On or near New Wood |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hedgebrooms |