£562,274
This estimated value is based upon the latest sale price for the house of £205,000 on 27 Aug 2002. 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 |
|---|---|
| £205,000 | 27 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 204 sq meters or 2,195 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 August 2002 the House Price Index for HERTFORDSHIRE was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £205,000 results in an estimated price of approximately £562,274.
| 27 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £205,000 | £357,274 | £562,274 |
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 | 116.362 % | £238,541 | £443,541 |
| 3 Month Average | 157.620 % | £323,120 | £528,120 |
| 6 Month Average | 171.113 % | £350,782 | £555,782 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £507,509 | £499,995 | 11 TWO ACRES |
| 8 Sep 2023 | £461,288 | £455,390 | 25 HUNTERS WAY |
| 6 Apr 2023 | £545,878 | £540,000 | 57 HOLLYBUSH LANE |
| 24 Jun 2022 | £4,057 | £4,000 | 1 TWO ACRES |
| 25 May 2022 | £387,298 | £380,000 | 41 HOLLYBUSH LANE |
This house has a floor area of 204 sq meters or 2,195 sq feet when measured on 14 Jun 2014. Using an estimated price of £562,275 means this house is valued at £2,756 per sq meter (£256 per sq foot).
The average size of a house on HOLLYBUSH LANE is 83 sq meters (901 sq feet).
This house is the largest in the street with a floor area of 204 sq meters (2,195 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near South Ley |
| Mar 2024 | Other theft | Under investigation | On or near South Ley |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Ley |
| Feb 2024 | Other theft | Under investigation | On or near South Ley |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near South Ley |