£740,870
This estimated value is based upon the latest sale price for the house of £482,000 on 30 Jun 2014. 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 |
---|---|
£482,000 | 30 Jun 2014 |
Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 June 2014 the House Price Index for HERTFORDSHIRE was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £482,000 results in an estimated price of approximately £740,870.
30 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 148.6 | 53.707 % | £482,000 | £258,870 | £740,870 |
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 | 60.005 % | £289,224 | £771,224 |
3 Month Average | 81.719 % | £393,883 | £875,883 |
6 Month Average | 70.392 % | £339,289 | £821,289 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Mar 2023 | £302,853 | £300,000 | 68 STIRLING WAY |
16 Feb 2022 | £776,034 | £740,000 | 21 MENDLESHAM |
2 Dec 2021 | £478,906 | £447,000 | 16 STIRLING WAY |
10 Sep 2021 | £296,338 | £275,000 | 41 STIRLING WAY |
28 Jun 2021 | £622,296 | £580,000 | 18 CHALGROVE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 29 Oct 2013. Using an estimated price of £740,870 means this house is valued at £6,072 per sq meter (£564 per sq foot).
The average size of a house on MENDLESHAM is 147 sq meters (1,588 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Somersham |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Martlesham |
Mar 2024 | Anti-social behaviour | On or near Martlesham | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Martlesham |
Mar 2024 | Public order | Under investigation | On or near Leysdown |