£823,239
This estimated value is based upon the latest sale price for the house of £630,000 on 16 Jan 2017. 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 |
|---|---|
| £630,000 | 16 Jan 2017 |
| £510,000 | 20 Feb 2013 |
| £249,995 | 16 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 175 sq meters or 1,883 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 2017 the House Price Index for HERTFORDSHIRE was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £630,000 results in an estimated price of approximately £823,239.
| 16 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £630,000 | £193,239 | £823,239 |
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 | -4.283 % | £-26,983 | £603,016 |
| 3 Month Average | 7.329 % | £46,171 | £676,171 |
| 6 Month Average | 11.140 % | £70,178 | £700,178 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £211,704 | £208,000 | 58 LINCOLN CLOSE |
| 1 Sep 2023 | £379,857 | £375,000 | 27 LINCOLN CLOSE |
| 24 Jul 2023 | £775,437 | £765,000 | 1 CHEDBURGH |
| 14 Jul 2023 | £810,914 | £800,000 | 1 WESTCOTT |
| 12 Apr 2023 | £151,633 | £150,000 | 100 LINCOLN CLOSE |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 22 Sep 2012. Using an estimated price of £823,239 means this house is valued at £4,704 per sq meter (£437 per sq foot).
The average size of a house on WESTCOTT is 199 sq meters (2,144 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Lincoln Close |