£295,460
This estimated value is based upon the latest sale price for the house of £292,500 on 28 Jul 2022. 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 |
---|---|
£292,500 | 28 Jul 2022 |
£295,000 | 15 Nov 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 July 2022 the House Price Index for HERTFORDSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £292,500 results in an estimated price of approximately £295,460.
28 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 149.7 | 1.012 % | £292,500 | £2,960 | £295,460 |
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 | -18.447 % | £-53,958 | £238,541 |
3 Month Average | 8.125 % | £23,766 | £316,266 |
6 Month Average | 0.035 % | £103 | £292,603 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 May 2024 | £190,000 | £190,000 | FLAT 58 EMPIRE HOUSE BESSEMER ROAD |
3 May 2024 | £126,000 | £126,000 | FLAT 75 LIBERTY HOUSE BESSEMER ROAD |
23 Nov 2023 | £125,691 | £122,500 | FLAT 73 EMPIRE HOUSE BESSEMER ROAD |
1 Sep 2023 | £304,717 | £298,000 | FLAT 45 EMPIRE HOUSE BESSEMER ROAD |
1 Aug 2023 | £432,806 | £425,000 | FLAT 83 EMPIRE HOUSE BESSEMER ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 1 Sep 2016. Using an estimated price of £295,461 means this house is valued at £5,007 per sq meter (£465 per sq foot).
The average size of a house on BESSEMER ROAD is 63 sq meters (681 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near A1000 |
May 2024 | Anti-social behaviour | On or near A1000 | |
May 2024 | Anti-social behaviour | On or near A1000 | |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near A1000 |
May 2024 | Anti-social behaviour | On or near A1000 |