£493,946
This estimated value is based upon the latest sale price for the house of £400,000 on 20 Sep 2018. 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 |
|---|---|
| £400,000 | 20 Sep 2018 |
| £330,000 | 22 Aug 2014 |
| £248,500 | 10 Nov 2006 |
| £216,000 | 12 Sep 2003 |
| £180,000 | 15 Mar 2002 |
| £99,950 | 27 Jun 1997 |
| Terraced |
| Leasehold |
| Floor Area: 110 sq meters or 1,184 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 September 2018 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £400,000 results in an estimated price of approximately £493,946.
| 20 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £400,000 | £93,946 | £493,946 |
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 | 4.062 % | £16,247 | £416,247 |
| 3 Month Average | 9.943 % | £39,771 | £439,771 |
| 6 Month Average | 7.335 % | £29,339 | £429,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £592,577 | £585,000 | 24 SHEEPCOTE |
| 16 Jun 2023 | £480,824 | £475,000 | 13 MOOREND |
| 16 Jun 2023 | £683,277 | £675,000 | 2 GRAYSFIELD |
| 10 Mar 2023 | £575,421 | £570,000 | 24 BEEHIVE LANE |
| 20 Sep 2022 | £585,274 | £590,000 | 18 SHEEPCOTE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 3 Feb 2014. Using an estimated price of £493,946 means this house is valued at £4,490 per sq meter (£417 per sq foot).
There is one other house on the street which we know the size of, this is 21 THUMBSWOOD it is 90.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Graysfield |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Graysfield |
| Mar 2024 | Anti-social behaviour | On or near The Pastures | |
| Feb 2024 | Anti-social behaviour | On or near The Pastures | |
| Feb 2024 | Anti-social behaviour | On or near The Pastures |