2, Spindleberry Close, Welwyn, Hertfordshire, AL6 0SJLocation See map

2 Spindleberry Close is a detached house with an estimated price today of £1,273,000.

Since the house was last sold in July 2004 for £550,000, its value has risen by £723,000 or 131%.

House Price Trends

Sold house prices and house price trends over time

Street sold prices
Compare to Chevron Down

Property Details

House features, location, and investment performance

2 Spindleberry Close is a detached house with a freehold tenure.

The property has generated positive returns for its owners. Since its first recorded sale, the house's price has risen 7% per year on average, and in the last year, it has risen 3%.

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2, Spindleberry Close, Welwyn, Hertfordshire AL6 0SJ

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Sold House Prices

Timeline of sold house prices

Since 2 Spindleberry Close's first recorded sale in 2004, the house's price has risen by £723,000 or 7% per year.

During the same period, the price of an average home on Spindleberry Close increased by £705,000 or 7% per year, and the average UK home increased by 5% per year.

  1. Current valuation
    £1,273,000

    Detached house freehold

    + 131%
  2. Sold July 2004
    £550,000

    Detached house freehold new-build

House Price Comparison

Comparison of local and national house prices

House Prices in Spindleberry Close start at £1,106,000 for the cheapest property on the street, rising to £1,345,000 for the most expensive.

2 Spindleberry Close is worth 3% more than the £1,241,000 average property on Spindleberry Close and 330% more than the £296,000 UK average home.

Compare Average Detached House Prices in England and Wales

Region: East Chevron Down
2 Spindleberry Close
£1,273,000
St Albans
£918,000
- 27.9%
Cambridge
£622,000
- 51.1%
Bedford
£536,000
- 57.9%
Luton
£500,000
- 60.7%
Norwich
£423,000
- 66.8%
Peterborough
£365,000
- 71.3%

Valuation details

Property valuation details and commonly asked questions

In this section
  • Chevron Forward Is the 2 Spindleberry Close house price rising or falling?
  • Can I afford to buy 2 Spindleberry Close?
  • How is the 2 Spindleberry Close investment score calculated?
  • How is the 2 Spindleberry Close valuation estimated?
  • Where are the figures sourced?
  • What if the details are incorrect?

Is the 2 Spindleberry Close house price rising or falling?

The 2 Spindleberry Close house price estimate has risen in the past year, increasing by 3% or £32,000.

Can I afford to buy 2 Spindleberry Close?

What property you can afford will depend on your financial situation and estimates of how much you can afford to borrow for a mortgage. Mortgage lenders use different rules to calculate how much you can borrow and what interest you will pay.

For example, if a mortgage lender allowed you to borrow 4.5x income and you could afford a 30% deposit of £381,900, then your annual income would need to be at least £198,022 to meet 2 Spindleberry Close's current valuation of £1,273,000.

How is the 2 Spindleberry Close investment score calculated?

The investment score measures historic short-term and long-term house price trends.

Properties with high long-term and short-term returns will have the highest scores. Equally, properties with negative returns will have a lower score.

Past performance, however, does not guarantee future returns, and price rises may have been due to extensions or other improvements to the property.

How is the 2 Spindleberry Close valuation estimated?

A house or flat valuation is estimated using sold prices and house price trends of similar properties in the area.

Each valuation uses our Repeat Sales House Price Index, which tracks price trends in large areas such as cities or towns. We use the index and local price trends (e.g. price increases in a street or postcode) to estimate property value.

The value estimates are most accurate when a property has sold recently and when there are similar properties nearby.

A valuation can, in some cases, be inaccurate. For example, if there have been significant changes to a property since it was last sold (e.g. an extension).

We try to make the valuations as accurate as possible, but they are estimates. When buying or selling property, you should speak to a qualified professional.

Where are the figures sourced?

Sold house prices and property types/tenures are from HM Land Registry.

There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.

What if the details are incorrect?

We generate all our property valuations programmatically. They cannot be manually edited based on new information, such as evidence of redevelopment.

If sold property prices or property types are incorrect, you should verify them with HM Land Registry. You can notify HM Land Registry of any errors.