£502,250
This estimated value is based upon the latest sale price for the house of £425,000 on 29 Oct 2020. 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 |
|---|---|
| £425,000 | 29 Oct 2020 |
| £278,000 | 26 Nov 2010 |
| £245,000 | 28 Aug 2009 |
| £248,000 | 2 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 2020 the House Price Index for HERTFORDSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £425,000 results in an estimated price of approximately £502,250.
| 29 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £425,000 | £77,250 | £502,250 |
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 | 25.632 % | £108,937 | £533,937 |
| 3 Month Average | 13.546 % | £57,571 | £482,571 |
| 6 Month Average | 23.903 % | £101,586 | £526,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £337,500 | £337,500 | 4 WALNUT COURT |
| 10 May 2024 | £415,000 | £415,000 | 61 WALNUT GROVE |
| 26 Apr 2024 | £398,460 | £395,000 | 459 HOWLANDS |
| 13 Oct 2023 | £562,782 | £550,000 | 14 WALNUT COURT |
| 9 Jun 2023 | £362,260 | £355,000 | 34 MOUNTWAY CLOSE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 30 Dec 2019. Using an estimated price of £502,251 means this house is valued at £4,050 per sq meter (£376 per sq foot).
The average size of a house on HOLLYBUSH LANE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Hollybush Lane |
| Nov 2024 | Public order | Under investigation | On or near Hollybush Lane |
| Nov 2024 | Criminal damage and arson | Under investigation | On or near Hollybush Lane |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Hollybush Lane |
| Oct 2024 | Anti-social behaviour | On or near Hollybush Lane |