£589,661
This estimated value is based upon the latest sale price for the house of £345,000 on 14 Mar 2012. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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16 Howardsgate, Welwyn Garden City, AL8 6BQ
Phone: 01707800178
| Price Paid | Date |
|---|---|
| £345,000 | 14 Mar 2012 |
| £296,000 | 26 Nov 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 986 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 March 2012 the House Price Index for HERTFORDSHIRE was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £345,000 results in an estimated price of approximately £589,661.
| 14 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £345,000 | £244,661 | £589,661 |
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 | 85.291 % | £294,254 | £639,254 |
| 3 Month Average | 88.667 % | £305,902 | £650,902 |
| 6 Month Average | 79.827 % | £275,402 | £620,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £547,421 | £550,000 | 3 RAYMONDS CLOSE |
| 21 Oct 2022 | £284,932 | £288,000 | 24 SIR JOHN NEWSOM WAY |
| 29 Jul 2022 | £263,209 | £262,500 | 26 SIR JOHN NEWSOM WAY |
| 22 Jul 2022 | £240,648 | £240,000 | 36 SIR JOHN NEWSOM WAY |
| 22 Apr 2022 | £265,688 | £258,000 | 42 SIR JOHN NEWSOM WAY |
This house has a floor area of 91 sq meters or 986 sq feet when measured on 27 Apr 2010. Using an estimated price of £589,662 means this house is valued at £6,436 per sq meter (£597 per sq foot).
The average size of a house on OAKEN GROVE is 113 sq meters (1,220 sq feet).