£580,375
This estimated value is based upon the latest sale price for the house of £395,000 on 10 Apr 2015. 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 |
|---|---|
| £395,000 | 10 Apr 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 April 2015 the House Price Index for HERTFORDSHIRE was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £395,000 results in an estimated price of approximately £580,375.
| 10 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £395,000 | £185,375 | £580,375 |
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 | 66.650 % | £263,267 | £658,267 |
| 3 Month Average | 62.438 % | £246,629 | £641,629 |
| 6 Month Average | 54.531 % | £215,396 | £610,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £461,288 | £455,390 | 25 HUNTERS WAY |
| 6 Apr 2023 | £545,878 | £540,000 | 57 HOLLYBUSH LANE |
| 25 May 2022 | £387,298 | £380,000 | 41 HOLLYBUSH LANE |
| 19 Jan 2022 | £526,204 | £500,000 | 102 HOLLYBUSH LANE |
| 17 Dec 2021 | £498,190 | £465,000 | 60 GREAT LEY |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 27 Mar 2014. Using an estimated price of £580,375 means this house is valued at £5,091 per sq meter (£472 per sq foot).
The average size of a house on HUNTERS WAY is 110 sq meters (1,189 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hunters Way |
| Mar 2024 | Burglary | Under investigation | On or near Four Acres |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Four Acres |
| Feb 2024 | Robbery | Under investigation | On or near Four Acres |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Four Acres |