£452,147
This estimated value is based upon the latest sale price for the house of £390,000 on 30 Nov 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Ravenfield Road
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Orion House, Bessemer Road, Welwyn Garden City, AL7 1HH
Phone: 01707684986
| Price Paid | Date |
|---|---|
| £390,000 | 30 Nov 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 2020 the House Price Index for HERTFORDSHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £390,000 results in an estimated price of approximately £452,147.
| 30 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £390,000 | £62,147 | £452,147 |
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 | 10.485 % | £40,893 | £430,893 |
| 3 Month Average | 15.605 % | £60,860 | £450,860 |
| 6 Month Average | 14.741 % | £57,488 | £447,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £334,274 | £330,000 | FLAT 21 51 BRIDGE ROAD EAST |
| 18 Jul 2023 | £7,784,775 | £7,680,000 | 73 BRIDGE ROAD EAST |
| 23 Jun 2023 | £642,786 | £635,000 | 7 GROOM PLACE |
| 21 Apr 2023 | £254,996 | £252,250 | FLAT 22 51 BRIDGE ROAD EAST |
| 15 Jun 2022 | £344,874 | £340,000 | FLAT 23 51 BRIDGE ROAD EAST |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 30 Jul 2020. Using an estimated price of £452,148 means this house is valued at £6,193 per sq meter (£575 per sq foot).
The average size of a house on RAVENFIELD ROAD is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ravenfield Road |
| Mar 2024 | Burglary | Under investigation | On or near Ravenfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ravenfield Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ravenfield Road |
| Jan 2024 | Anti-social behaviour | On or near Ravenfield Road |