£445,159
This estimated value is based upon the latest sale price for the house of £305,000 on 1 May 2015. 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 |
|---|---|
| £305,000 | 1 May 2015 |
| £240,000 | 28 Sep 2007 |
| £93,000 | 30 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 May 2015 the House Price Index for HERTFORDSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £305,000 results in an estimated price of approximately £445,159.
| 1 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £305,000 | £140,159 | £445,159 |
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 | 37.234 % | £113,565 | £418,565 |
| 3 Month Average | 56.240 % | £171,533 | £476,533 |
| 6 Month Average | 43.534 % | £132,779 | £437,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £514,501 | £510,000 | 23 MARTLESHAM |
| 27 Mar 2023 | £403,804 | £400,000 | 2 MARTLESHAM |
| 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 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 20 Nov 2015. Using an estimated price of £445,160 means this house is valued at £6,546 per sq meter (£608 per sq foot).
The average size of a house on MARTLESHAM is 111 sq meters (1,202 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Martlesham | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Martlesham |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Martlesham |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Somersham |
| Mar 2024 | Public order | Under investigation | On or near Leysdown |