£348,220
This estimated value is based upon the latest sale price for the house of £104,000 on 22 Jun 2001. 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 |
|---|---|
| £104,000 | 22 Jun 2001 |
| £77,000 | 26 Feb 1999 |
| Terraced |
| Freehold |
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 June 2001 the House Price Index for HERTFORDSHIRE was 43.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 234.828%.Applying this 234.828% change to the original purchase price of £104,000 results in an estimated price of approximately £348,220.
| 22 Jun 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 146.7 | 234.828 % | £104,000 | £244,220 | £348,220 |
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 | 233.334 % | £242,667 | £346,667 |
| 3 Month Average | 257.974 % | £268,292 | £372,292 |
| 6 Month Average | 229.938 % | £239,135 | £343,135 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gainswood |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Gainswood |
| Feb 2024 | Anti-social behaviour | On or near Duncan Close | |
| Feb 2024 | Anti-social behaviour | On or near Duncan Close | |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Bedwell Close |