£1,060,022
This estimated value is based upon the latest sale price for the house of £700,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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38 Wigmores North, Welwyn Garden City, AL8 6PH
Phone: 01707800134
| Price Paid | Date |
|---|---|
| £700,000 | 29 Aug 2014 |
| Detached |
| Leasehold |
| Floor Area: 155 sq meters or 1,668 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 August 2014 the House Price Index for HERTFORDSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £700,000 results in an estimated price of approximately £1,060,022.
| 29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £700,000 | £360,022 | £1,060,022 |
The Postcode Pricing Model uses changes in average sales price within the AL8 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 | 13.081 % | £91,565 | £791,565 |
| 3 Month Average | -16.779 % | £-117,450 | £582,549 |
| 6 Month Average | 15.636 % | £109,454 | £809,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £734,390 | £725,000 | 1 TEMPLEWOOD |
| 10 Jul 2023 | £790,641 | £780,000 | 86 PENTLEY PARK |
| 17 Feb 2023 | £769,482 | £770,000 | 2 HAWTHORNS |
| 1 Feb 2023 | £649,563 | £650,000 | 22 TEMPLEWOOD |
| 26 Aug 2022 | £792,866 | £795,000 | 5 THE LAWNS |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 23 Jan 2014. Using an estimated price of £1,060,023 means this house is valued at £6,838 per sq meter (£635 per sq foot).
The average size of a house on PENTLEY PARK is 129 sq meters (1,394 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hawthorns |
| Feb 2024 | Burglary | Under investigation | On or near Templewood |
| Jan 2024 | Public order | Under investigation | On or near Coneydale |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rayfield |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashley Close |