£481,018
This estimated value is based upon the latest sale price for the house of £465,000 on 30 Mar 2023. 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 |
|---|---|
| £465,000 | 30 Mar 2023 |
| Terraced |
| Freehold |
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 March 2023 the House Price Index for HERTFORDSHIRE was 98.7.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 3.445%.Applying this 3.445% change to the original purchase price of £465,000 results in an estimated price of approximately £481,018.
| 30 Mar 2023 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 102.1 | 3.445 % | £465,000 | £16,018 | £481,018 |
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 | -10.891 % | £-50,642 | £414,357 |
| 3 Month Average | 5.997 % | £27,886 | £492,886 |
| 6 Month Average | 9.321 % | £43,343 | £508,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2024 | £505,946 | £500,000 | 2 ROBIN MEAD |
| 22 Sep 2023 | £426,718 | £410,000 | 48 CROOKHAMS |
| 1 Sep 2023 | £468,349 | £450,000 | 1 NUTFIELD |
| 16 Jun 2023 | £603,271 | £582,000 | 76 LUMBARDS |
| 15 Jun 2023 | £222,858 | £215,000 | 21 NUTFIELD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Criminal damage and arson | Under investigation | On or near Robin Mead |
| Dec 2024 | Violence and sexual offences | Under investigation | On or near Rowans |
| Dec 2024 | Violence and sexual offences | Under investigation | On or near Rowans |
| Nov 2024 | Anti-social behaviour | On or near Rowans | |
| Nov 2024 | Anti-social behaviour | On or near Rowans |