£424,203
This estimated value is based upon the latest sale price for the house of £338,000 on 15 Jan 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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3 Bridge Road, Welwyn Garden City, AL8 6UN
Phone: 01707684261
| Price Paid | Date |
|---|---|
| £338,000 | 15 Jan 2018 |
| £87,000 | 17 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 January 2018 the House Price Index for HERTFORDSHIRE was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £338,000 results in an estimated price of approximately £424,203.
| 15 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £338,000 | £86,203 | £424,203 |
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 | 3.764 % | £12,723 | £350,723 |
| 3 Month Average | 23.766 % | £80,329 | £418,329 |
| 6 Month Average | 11.581 % | £39,143 | £377,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £194,199 | £192,500 | 12 MOATWOOD GREEN |
| 4 Aug 2023 | £331,904 | £329,000 | 9 BIRKIN COURT |
| 4 Aug 2023 | £538,713 | £534,000 | 19 BIRKIN COURT |
| 17 Mar 2023 | £403,804 | £400,000 | 15 WELLGARTH |
| 27 Jan 2023 | £368,265 | £370,000 | 11 MOATWOOD GREEN |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 13 Feb 2020. Using an estimated price of £424,204 means this house is valued at £4,932 per sq meter (£458 per sq foot).
The average size of a house on WELLGARTH is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Well Garth |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Well Garth |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Well Garth |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Moatwood Green |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Spinney |