£378,479
This estimated value is based upon the latest sale price for the house of £122,000 on 4 Feb 2002. 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 |
---|---|
£122,000 | 4 Feb 2002 |
Terraced |
Leasehold |
Floor Area: 84 sq meters or 904 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 February 2002 the House Price Index for HERTFORDSHIRE was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £122,000 results in an estimated price of approximately £378,479.
4 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
48.3 | 149.7 | 210.229 % | £122,000 | £256,479 | £378,479 |
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 | 296.559 % | £361,802 | £483,802 |
3 Month Average | 243.086 % | £296,564 | £418,564 |
6 Month Average | 234.209 % | £285,734 | £407,734 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £355,461 | £350,000 | 48 CORNERS |
6 Dec 2023 | £521,010 | £505,000 | 7 UPPER SHOT |
6 Oct 2023 | £424,645 | £415,000 | 10 UPPER SHOT |
22 Sep 2023 | £429,467 | £420,000 | 10 THE MOORS |
26 Apr 2023 | £494,244 | £485,000 | 79 DANIELLS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 14 Oct 2015. Using an estimated price of £378,479 means this house is valued at £4,505 per sq meter (£418 per sq foot).
The average size of a house on THE MOORS is 102 sq meters (1,103 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near The Moors |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near The Moors |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Westfield |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Westfield |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Upper Shot |