£310,435
This estimated value is based upon the latest sale price for the house of £205,000 on 28 Aug 2014. 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 | 28 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2014 the House Price Index for HERTFORDSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £205,000 results in an estimated price of approximately £310,435.
| 28 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £205,000 | £105,435 | £310,435 |
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 | 48.716 % | £99,868 | £304,868 |
| 3 Month Average | 67.422 % | £138,215 | £343,215 |
| 6 Month Average | 65.206 % | £133,672 | £338,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £603,624 | £595,500 | 18 COLE GREEN LANE |
| 28 Mar 2023 | £1,261,889 | £1,250,000 | 21 COLE GREEN LANE |
| 3 Aug 2022 | £463,752 | £465,000 | 127 MILL GREEN ROAD |
| 10 May 2022 | £173,265 | £170,000 | 17 WOODHALL HOUSE COLE GREEN LANE |
| 18 Jan 2022 | £184,171 | £175,000 | 19 WOODHALL HOUSE COLE GREEN LANE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 15 Dec 2021. Using an estimated price of £310,435 means this house is valued at £4,565 per sq meter (£424 per sq foot).
The average size of a house on BURGUNDY CROFT is 101 sq meters (1,091 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Burgundy Croft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burgundy Croft |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Burgundy Croft |
| Feb 2024 | Bicycle theft | Under investigation | On or near Burgundy Croft |
| Jan 2024 | Anti-social behaviour | On or near Burgundy Croft |