£223,064
This estimated value is based upon the latest sale price for the house of £178,000 on 23 Mar 2018. 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 |
---|---|
£178,000 | 23 Mar 2018 |
£58,000 | 26 Jan 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 March 2018 the House Price Index for HERTFORDSHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £178,000 results in an estimated price of approximately £223,064.
23 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £178,000 | £45,064 | £223,064 |
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 | -8.485 % | £-15,103 | £162,896 |
3 Month Average | 13.920 % | £24,777 | £202,777 |
6 Month Average | 9.715 % | £17,293 | £195,293 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jul 2023 | £405,457 | £400,000 | 29 OAKTREE GARTH |
19 Jul 2022 | £343,424 | £342,500 | 27 OAKTREE GARTH |
6 Dec 2021 | £273,201 | £255,000 | FLAT 6 CELIA HOUSE LUDWICK WAY |
22 Oct 2021 | £105,115 | £95,000 | UNIT 25 PEARTREE FARM PEARTREE LANE |
30 Sep 2021 | £344,830 | £320,000 | 63 PEARTREE LANE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 10 Oct 2016. Using an estimated price of £223,064 means this house is valued at £4,055 per sq meter (£376 per sq foot).
The average size of a house on HOME MEADOW is 69 sq meters (752 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Home Meadow |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Home Meadow |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Home Meadow |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Home Ley |
Feb 2024 | Anti-social behaviour | On or near Essendon Gardens |