£671,180
This estimated value is based upon the latest sale price for the house of £450,000 on 19 Dec 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 |
|---|---|
| £450,000 | 19 Dec 2014 |
| £375,000 | 22 Apr 2013 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 December 2014 the House Price Index for HERTFORDSHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £450,000 results in an estimated price of approximately £671,180.
| 19 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £450,000 | £221,180 | £671,180 |
The Postcode Pricing Model uses changes in average sales price within the AL6 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 | -6.889 % | £-30,999 | £419,000 |
| 3 Month Average | 14.527 % | £65,369 | £515,369 |
| 6 Month Average | 51.626 % | £232,317 | £682,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £758,267 | £745,000 | 10 WOODSIDE ROAD |
| 24 Nov 2023 | £535,427 | £527,500 | 5 HONEYMEAD |
| 29 Sep 2023 | £855,944 | £845,000 | 6 STATION ROAD |
| 1 Aug 2022 | £877,638 | £880,000 | 42A HERTFORD ROAD |
| 4 Feb 2022 | £859,929 | £820,000 | 34B HERTFORD ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 22 Jan 2013. Using an estimated price of £671,180 means this house is valued at £6,101 per sq meter (£566 per sq foot).
The average size of a house on CUBITTS CLOSE is 146 sq meters (1,576 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Honeymead |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Douglas Close |
| Dec 2023 | Possession of weapons | Under investigation | On or near Douglas Close |
| Feb 2024 | Anti-social behaviour | On or near Colyer Close | |
| Feb 2024 | Anti-social behaviour | On or near Colyer Close |