£462,560
This estimated value is based upon the latest sale price for the house of £97,500 on 19 Feb 1998. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
Orion House, Bessemer Road, Welwyn Garden City, AL7 1HH
Phone: 01707684986
| Price Paid | Date |
|---|---|
| £97,500 | 19 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 February 1998 the House Price Index for HERTFORDSHIRE was 30.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 374.421%.Applying this 374.421% change to the original purchase price of £97,500 results in an estimated price of approximately £462,560.
| 19 Feb 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 146.7 | 374.421 % | £97,500 | £365,060 | £462,560 |
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 | 445.367 % | £434,232 | £531,732 |
| 3 Month Average | 420.312 % | £409,804 | £507,304 |
| 6 Month Average | 393.381 % | £383,546 | £481,046 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 5 Jun 2014.
The average size of a house on PINEWOOD is 89 sq meters (964 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Furzefield Road |
| Dec 2023 | Possession of weapons | Awaiting court outcome | On or near Furzefield Road |