£422,331
This estimated value is based upon the latest sale price for the house of £280,000 on 28 Nov 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 |
|---|---|
| £280,000 | 28 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 November 2014 the House Price Index for HERTFORDSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £280,000 results in an estimated price of approximately £422,331.
| 28 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £280,000 | £142,331 | £422,331 |
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 | 128.676 % | £360,293 | £640,293 |
| 3 Month Average | 68.689 % | £192,330 | £472,330 |
| 6 Month Average | 63.523 % | £177,864 | £457,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £195,000 | £195,000 | 103B MILL GREEN ROAD |
| 10 May 2024 | £347,000 | £347,000 | 17 BARNFIELD ROAD |
| 26 Oct 2023 | £383,715 | £375,000 | 14 COLE GREEN LANE |
| 28 Feb 2023 | £488,262 | £485,000 | 25 SANDPIT ROAD |
| 3 Aug 2022 | £467,185 | £465,000 | 127 MILL GREEN ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 27 Jun 2013. Using an estimated price of £422,331 means this house is valued at £6,703 per sq meter (£622 per sq foot).
The average size of a house on SANDPIT ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Sandpit Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandpit Road |
| Aug 2024 | Anti-social behaviour | On or near Sandpit Road | |
| Aug 2024 | Anti-social behaviour | On or near Sandpit Road | |
| Aug 2024 | Vehicle crime | Under investigation | On or near Sandpit Road |