£485,870
This estimated value is based upon the latest sale price for the house of £385,000 on 2 Oct 2017. 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 |
|---|---|
| £385,000 | 2 Oct 2017 |
| £190,000 | 28 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 2017 the House Price Index for HERTFORDSHIRE was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £385,000 results in an estimated price of approximately £485,870.
| 2 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £385,000 | £100,870 | £485,870 |
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 | -0.195 % | £-750 | £384,249 |
| 3 Month Average | 7.853 % | £30,232 | £415,232 |
| 6 Month Average | 7.071 % | £27,225 | £412,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £455,828 | £450,000 | 1 NUTFIELD |
| 19 Jul 2023 | £223,001 | £220,000 | 35 MARGERY WOOD |
| 3 Jul 2023 | £400,389 | £395,000 | 79 SLOANSWAY |
| 16 Jun 2023 | £589,136 | £582,000 | 76 LUMBARDS |
| 15 Jun 2023 | £217,636 | £215,000 | 21 NUTFIELD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 22 Sep 2016. Using an estimated price of £485,870 means this house is valued at £5,649 per sq meter (£524 per sq foot).
The average size of a house on ROWANS is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Margery Wood |
| Jan 2024 | Anti-social behaviour | On or near Nutfield | |
| Jan 2024 | Anti-social behaviour | On or near Nutfield | |
| Jan 2024 | Anti-social behaviour | On or near Nutfield | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lumbards |