£403,542
This estimated value is based upon the latest sale price for the house of £321,000 on 13 Dec 2017. 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 |
|---|---|
| £321,000 | 13 Dec 2017 |
| £208,000 | 4 Feb 2014 |
| £167,500 | 3 Jun 2005 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2017 the House Price Index for HERTFORDSHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £321,000 results in an estimated price of approximately £403,542.
| 13 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £321,000 | £82,542 | £403,542 |
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 | -5.063 % | £-16,251 | £304,748 |
| 3 Month Average | 35.984 % | £115,508 | £436,508 |
| 6 Month Average | 13.426 % | £43,096 | £364,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2023 | £482,799 | £478,250 | 24 LADY GROVE |
| 15 Nov 2021 | £448,828 | £415,000 | 453 HOWLANDS |
| 15 Nov 2021 | £459,914 | £425,250 | 62 WALNUT GROVE |
| 1 Nov 2021 | £443,421 | £410,000 | 103 BOUNDARY LANE |
| 25 Sep 2020 | £453,580 | £382,000 | 43 BOUNDARY LANE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 18 Mar 2014. Using an estimated price of £403,542 means this house is valued at £3,843 per sq meter (£357 per sq foot).
There is one other house on the street which we know the size of, this is 16 PINNATE PLACE it is 87.18
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kendall Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kendall Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kendall Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kendall Close |
| Feb 2024 | Anti-social behaviour | On or near Kendall Close |