£1,261,370
This estimated value is based upon the latest sale price for the house of £1,258,000 on 12 Jan 2023. 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 |
|---|---|
| £1,258,000 | 12 Jan 2023 |
| Detached |
| 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 January 2023 the House Price Index for HERTFORDSHIRE was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £1,258,000 results in an estimated price of approximately £1,261,370.
| 12 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £1,258,000 | £3,370 | £1,261,370 |
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 | -15.316 % | £-192,676 | £1,065,323 |
| 3 Month Average | -14.410 % | £-181,283 | £1,076,716 |
| 6 Month Average | -10.945 % | £-137,690 | £1,120,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £700,000 | £700,000 | 22 ST IVES CLOSE |
| 24 Nov 2023 | £541,239 | £527,500 | 5 HONEYMEAD |
| 3 Feb 2023 | £634,237 | £630,000 | 1D NEW ROAD |
| 12 Jan 2023 | £1,261,370 | £1,258,000 | 26 ST IVES CLOSE |
| 15 Jul 2022 | £1,767,713 | £1,750,000 | 2 NEW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Honeymead |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Hertford Road |
| Oct 2024 | Bicycle theft | On or near Welwyn North (Station) | |
| Aug 2024 | Criminal damage and arson | On or near Welwyn North (Station) | |
| Aug 2024 | Criminal damage and arson | On or near Welwyn North (Station) |