£366,126
This estimated value is based upon the latest sale price for the house of £240,000 on 1 Aug 2014. 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 |
---|---|
£240,000 | 1 Aug 2014 |
£181,000 | 10 Dec 2012 |
£85,000 | 31 Aug 1999 |
Terraced |
Freehold |
Floor Area: 52 sq meters or 569 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 August 2014 the House Price Index for HERTFORDSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £240,000 results in an estimated price of approximately £366,126.
1 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £240,000 | £126,126 | £366,126 |
The Postcode Pricing Model uses changes in average sales price within the AL8 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 | 31.717 % | £76,121 | £316,121 |
3 Month Average | 41.368 % | £99,283 | £339,283 |
6 Month Average | 22.100 % | £53,039 | £293,039 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £353,986 | £345,000 | 80 HARWOOD HILL |
23 Jun 2023 | £230,622 | £226,000 | 36 HAYMEADS |
14 Mar 2023 | £439,845 | £432,500 | 60 HARWOOD CLOSE |
31 Aug 2022 | £452,114 | £450,000 | 17 BYFIELD |
22 Aug 2022 | £364,203 | £362,500 | 54 HARWOOD CLOSE |
This house has a floor area of 52 sq meters or 569 sq feet when measured on 18 Mar 2009. Using an estimated price of £366,127 means this house is valued at £6,921 per sq meter (£642 per sq foot).
The average size of a house on HARWOOD CLOSE is 64 sq meters (692 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (569 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Harwood Close |