£439,081
This estimated value is based upon the latest sale price for the house of £356,000 on 19 Jul 2019. 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 |
|---|---|
| £356,000 | 19 Jul 2019 |
| £210,000 | 19 Dec 2008 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 July 2019 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £356,000 results in an estimated price of approximately £439,081.
| 19 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £356,000 | £83,081 | £439,081 |
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 | 19.650 % | £69,954 | £425,954 |
| 3 Month Average | 24.942 % | £88,793 | £444,793 |
| 6 Month Average | 20.239 % | £72,052 | £428,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £511,192 | £505,000 | 24 BARNFIELD ROAD |
| 23 Mar 2023 | £531,003 | £526,000 | 42 BARNFIELD ROAD |
| 30 Jun 2022 | £584,257 | £576,000 | 27 BEECHFIELD ROAD |
| 24 Jan 2022 | £386,234 | £367,000 | 2 MILL GREEN ROAD |
| 15 Dec 2021 | £449,978 | £420,000 | 27 BARNFIELD ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 20 Dec 2018. Using an estimated price of £439,081 means this house is valued at £6,652 per sq meter (£618 per sq foot).
The average size of a house on HOLWELL ROAD is 83 sq meters (898 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | 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 | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Holwell Road |