£393,040
This estimated value is based upon the latest sale price for the house of £376,500 on 16 Mar 2022. 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 |
|---|---|
| £376,500 | 16 Mar 2022 |
| Terraced |
| Freehold |
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 March 2022 the House Price Index for HERTFORDSHIRE was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £376,500 results in an estimated price of approximately £393,040.
| 16 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £376,500 | £16,540 | £393,040 |
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 | 74.449 % | £280,302 | £656,802 |
| 3 Month Average | 5.817 % | £21,902 | £398,402 |
| 6 Month Average | 12.200 % | £45,931 | £422,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £415,000 | £415,000 | 61 WALNUT GROVE |
| 26 Apr 2024 | £398,460 | £395,000 | 459 HOWLANDS |
| 17 Nov 2023 | £407,853 | £397,500 | 5 BOUNDARY LANE |
| 22 Jul 2022 | £368,694 | £365,000 | 3 THE CROFT |
| 24 Jun 2022 | £485,375 | £475,000 | 13 THE CROFT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near The Croft |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near The Croft |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Croft |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hollybush Lane |
| Oct 2024 | Vehicle crime | Under investigation | On or near Hollybush Lane |