£398,388
This estimated value is based upon the latest sale price for the house of £235,000 on 3 Sep 2010. 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 |
|---|---|
| £235,000 | 3 Sep 2010 |
| £250,000 | 3 Jan 2008 |
| £63,000 | 17 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,007 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 September 2010 the House Price Index for HERTFORDSHIRE was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £235,000 results in an estimated price of approximately £398,388.
| 3 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.527 % | £235,000 | £163,388 | £398,388 |
The Postcode Pricing Model uses changes in average sales price within the AL8 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 | 69.786 % | £163,997 | £398,997 |
| 3 Month Average | 6.408 % | £15,059 | £250,059 |
| 6 Month Average | 39.206 % | £92,134 | £327,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £588,716 | £580,000 | 8 VINE CLOSE |
| 7 Jul 2023 | £446,256 | £440,250 | 22 VINE CLOSE |
| 11 Apr 2022 | £324,387 | £315,000 | 4 DIGSWELL COURT DIGSWELL RISE |
| 18 Mar 2022 | £725,384 | £700,000 | 8 DIGSWELL LODGE DIGSWELL RISE |
| 22 Dec 2021 | £578,865 | £540,300 | 56 DIGSWELL RISE |
This house has a floor area of 93 sq meters or 1,007 sq feet when measured on 1 May 2010. Using an estimated price of £398,388 means this house is valued at £4,256 per sq meter (£395 per sq foot).
The average size of a house on DIGSWELL RISE is 107 sq meters (1,153 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lyles Lane | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyles Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Vine Close |
| Mar 2024 | Anti-social behaviour | On or near Gresley Close | |
| Mar 2024 | Burglary | Under investigation | On or near Gresley Close |