£310,422
This estimated value is based upon the latest sale price for the house of £200,000 on 12 Dec 2007. 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 |
|---|---|
| £200,000 | 12 Dec 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2007 the House Price Index for HERTFORDSHIRE was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £200,000 results in an estimated price of approximately £310,422.
| 12 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 148.6 | 55.211 % | £200,000 | £110,422 | £310,422 |
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 | 90.141 % | £180,281 | £380,281 |
| 3 Month Average | 95.341 % | £190,681 | £390,681 |
| 6 Month Average | 79.453 % | £158,905 | £358,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2022 | £391,053 | £390,000 | 17A MILL GREEN ROAD |
| 23 Mar 2022 | £430,049 | £415,000 | 65 MILL GREEN ROAD |
| 24 Jan 2022 | £386,234 | £367,000 | 2 MILL GREEN ROAD |
| 30 Jun 2021 | £413,076 | £385,000 | 9 PONDCROFT |
| 30 Jun 2021 | £418,440 | £390,000 | 5 BEDWELL CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 7 Aug 2020. Using an estimated price of £310,422 means this house is valued at £3,832 per sq meter (£356 per sq foot).
The average size of a house on GAINSWOOD is 101 sq meters (1,090 sq feet).
| 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 |
| Jan 2024 | Anti-social behaviour | On or near Pond Croft | |
| Jan 2024 | Anti-social behaviour | On or near Pond Croft | |
| Jan 2024 | Anti-social behaviour | On or near Pond Croft |