£502,011
This estimated value is based upon the latest sale price for the house of £404,500 on 19 Dec 2017. 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 |
|---|---|
| £404,500 | 19 Dec 2017 |
| £272,500 | 22 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,220 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 December 2017 the House Price Index for HERTFORDSHIRE was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £404,500 results in an estimated price of approximately £502,011.
| 19 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £404,500 | £97,511 | £502,011 |
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 | -5.063 % | £-20,479 | £384,020 |
| 3 Month Average | 35.984 % | £145,554 | £550,054 |
| 6 Month Average | 13.426 % | £54,306 | £458,806 |
This house has a floor area of 113 sq meters or 1,220 sq feet when measured on 17 Jan 2012.
The average size of a house on PENN WAY is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Broadwater Road | |
| Dec 2023 | Anti-social behaviour | On or near Broadwater Road | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Broadwater Road |
| Dec 2023 | Anti-social behaviour | On or near Broadwater Road | |
| Dec 2023 | Anti-social behaviour | On or near Broadwater Road |