£428,213
This estimated value is based upon the latest sale price for the house of £275,000 on 25 Apr 2014. 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 |
|---|---|
| £275,000 | 25 Apr 2014 |
| £255,000 | 19 Oct 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2014 the House Price Index for HERTFORDSHIRE was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £275,000 results in an estimated price of approximately £428,213.
| 25 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £275,000 | £153,213 | £428,213 |
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 | 80.732 % | £222,012 | £497,012 |
| 3 Month Average | 93.303 % | £256,584 | £531,584 |
| 6 Month Average | 75.756 % | £208,328 | £483,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £293,756 | £290,000 | 3 MILL GREEN ROAD |
| 25 Jul 2023 | £405,457 | £400,000 | 29 OAKTREE GARTH |
| 19 Jul 2022 | £343,424 | £342,500 | 27 OAKTREE GARTH |
| 25 Mar 2022 | £373,054 | £360,000 | 5 MILL GREEN ROAD |
| 6 Dec 2021 | £273,201 | £255,000 | FLAT 6 CELIA HOUSE LUDWICK WAY |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 2 Nov 2021. Using an estimated price of £428,213 means this house is valued at £6,117 per sq meter (£568 per sq foot).
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 |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Peartree Close |