£691,741
This estimated value is based upon the latest sale price for the house of £695,000 on 4 Jan 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Handside House, 131 Handside Lane, Welwyn Garden City, AL8 6TA
Phone: 01438412057
| Price Paid | Date |
|---|---|
| £695,000 | 4 Jan 2023 |
| £410,000 | 25 Mar 2013 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 2023 the House Price Index for HERTFORDSHIRE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £695,000 results in an estimated price of approximately £691,741.
| 4 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £695,000 | £-3,258 | £691,741 |
The Postcode Pricing Model uses changes in average sales price within the AL8 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 | -5.373 % | £-37,340 | £657,659 |
| 3 Month Average | -46.132 % | £-320,614 | £374,385 |
| 6 Month Average | -39.187 % | £-272,349 | £422,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £544,766 | £540,000 | 16 GREAT NORTH ROAD |
| 17 Mar 2023 | £521,917 | £517,000 | 4 GREAT NORTH ROAD |
| 4 Jan 2023 | £691,741 | £695,000 | 8B GREAT NORTH ROAD |
| 11 Jul 2022 | £701,889 | £700,000 | 41 GREAT NORTH ROAD |
| 29 Jun 2022 | £1,288,205 | £1,270,000 | STANBOROUGHBURY FARMHOUSE COOPERS GREEN LANE |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 20 Jun 2012. Using an estimated price of £691,741 means this house is valued at £4,434 per sq meter (£411 per sq foot).
The average size of a house on GREAT NORTH ROAD is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Great North Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Leaside Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Leaside Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Leaside Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Coopers Green Lane |