£468,348
This estimated value is based upon the latest sale price for the house of £450,000 on 1 Sep 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Orion House, Bessemer Road, Welwyn Garden City, AL7 1HH
Phone: 01707684986
Price Paid | Date |
---|---|
£450,000 | 1 Sep 2023 |
£245,000 | 29 Oct 2012 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 September 2023 the House Price Index for HERTFORDSHIRE was 98.1.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 4.077%.Applying this 4.077% change to the original purchase price of £450,000 results in an estimated price of approximately £468,348.
1 Sep 2023 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 102.1 | 4.077 % | £450,000 | £18,348 | £468,348 |
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 | -29.635 % | £-133,355 | £316,644 |
3 Month Average | -7.995 % | £-35,976 | £414,023 |
6 Month Average | 1.822 % | £8,197 | £458,197 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2024 | £505,946 | £500,000 | 2 ROBIN MEAD |
22 Sep 2023 | £426,718 | £410,000 | 48 CROOKHAMS |
1 Sep 2023 | £468,349 | £450,000 | 1 NUTFIELD |
16 Jun 2023 | £603,271 | £582,000 | 76 LUMBARDS |
15 Jun 2023 | £222,858 | £215,000 | 21 NUTFIELD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 May 2012. Using an estimated price of £468,349 means this house is valued at £5,262 per sq meter (£488 per sq foot).
The average size of a house on NUTFIELD is 83 sq meters (896 sq feet).
This house is the largest in the street with a floor area of 89 sq meters (957 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Margery Wood |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Margery Wood |
Dec 2024 | Violence and sexual offences | Under investigation | On or near Rowans |
Dec 2024 | Violence and sexual offences | Under investigation | On or near Rowans |
Nov 2024 | Anti-social behaviour | On or near Rowans |