£140,594
This estimated value is based upon the latest sale price for the house of £122,500 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There have been two burglaries within the last year on or near A1000
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Orion House, Bessemer Road, Welwyn Garden City, AL7 1HH
Phone: 01707684986
Price Paid | Date |
---|---|
£122,500 | 11 Dec 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 76 sq meters or 818 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 December 2020 the House Price Index for HERTFORDSHIRE was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £122,500 results in an estimated price of approximately £140,594.
11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £122,500 | £18,094 | £140,594 |
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 | -9.015 % | £-11,043 | £111,456 |
3 Month Average | 1.258 % | £1,541 | £124,041 |
6 Month Average | 6.693 % | £8,198 | £130,698 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £124,341 | £122,500 | FLAT 73 EMPIRE HOUSE BESSEMER ROAD |
9 Feb 2023 | £294,802 | £295,000 | FLAT 24 EMPIRE HOUSE BESSEMER ROAD |
9 Jan 2023 | £283,664 | £285,000 | FLAT 55 EMPIRE HOUSE BESSEMER ROAD |
28 Oct 2022 | £187,976 | £190,000 | FLAT 15 EMPIRE HOUSE BESSEMER ROAD |
15 Sep 2022 | £208,318 | £210,000 | FLAT 29 EMPIRE HOUSE BESSEMER ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 7 Dec 2017. Using an estimated price of £140,595 means this house is valued at £1,849 per sq meter (£171 per sq foot).
The average size of a house on BESSEMER ROAD is 63 sq meters (681 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near A1000 |
Mar 2024 | Violence and sexual offences | Under investigation | On or near A1000 |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near A1000 |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near A1000 |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near A1000 |