£382,512
This estimated value is based upon the latest sale price for the house of £307,500 on 1 Jun 2018. 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 |
---|---|
£307,500 | 1 Jun 2018 |
£228,000 | 30 Jan 2015 |
£185,000 | 20 Aug 2010 |
£185,000 | 20 Aug 2010 |
£110,000 | 27 Mar 2002 |
£110,000 | 27 Mar 2002 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 583 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 June 2018 the House Price Index for HERTFORDSHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £307,500 results in an estimated price of approximately £382,512.
1 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £307,500 | £75,012 | £382,512 |
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 | -12.557 % | £-38,613 | £268,886 |
3 Month Average | 2.720 % | £8,364 | £315,864 |
6 Month Average | 3.932 % | £12,091 | £319,591 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2023 | £519,545 | £515,000 | 67 MILL GREEN ROAD |
25 Jul 2023 | £405,457 | £400,000 | 29 OAKTREE GARTH |
4 Apr 2023 | £214,813 | £212,500 | 27 DUNCAN CLOSE |
3 Apr 2023 | £384,136 | £380,000 | 35 DUNCAN CLOSE |
18 Aug 2022 | £373,993 | £375,000 | 37 DUNCAN CLOSE |
This house has a floor area of 54 sq meters or 583 sq feet when measured on 10 Feb 2010. Using an estimated price of £382,512 means this house is valued at £7,057 per sq meter (£655 per sq foot).
The average size of a house on OAKTREE GARTH is 61 sq meters (665 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Duncan Close | |
Feb 2024 | Anti-social behaviour | On or near Duncan Close | |
Mar 2024 | Burglary | Under investigation | On or near Bassingburn Walk |
Feb 2024 | Anti-social behaviour | On or near Essendon Gardens | |
Feb 2024 | Anti-social behaviour | On or near Essendon Gardens |