£340,420
This estimated value is based upon the latest sale price for the house of £320,000 on 30 Sep 2021. 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 |
|---|---|
| £320,000 | 30 Sep 2021 |
| £316,000 | 3 Feb 2017 |
| £160,000 | 30 Oct 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 610 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 2021 the House Price Index for HERTFORDSHIRE was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £320,000 results in an estimated price of approximately £340,420.
| 30 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £320,000 | £20,420 | £340,420 |
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 | 15.761 % | £50,436 | £370,436 |
| 3 Month Average | 36.713 % | £117,480 | £437,480 |
| 6 Month Average | 7.743 % | £24,776 | £344,776 |
This house has a floor area of 56 sq meters or 610 sq feet when measured on 2 Apr 2009.
The average size of a house on PEARTREE LANE is 83 sq meters (903 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 |