£399,373
This estimated value is based upon the latest sale price for the house of £230,000 on 5 Dec 2011. 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 |
---|---|
£230,000 | 5 Dec 2011 |
£210,000 | 7 Apr 2006 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 859 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 2011 the House Price Index for HERTFORDSHIRE was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £230,000 results in an estimated price of approximately £399,373.
5 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £230,000 | £169,373 | £399,373 |
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 | 95.761 % | £220,250 | £450,250 |
3 Month Average | 84.678 % | £194,759 | £424,759 |
6 Month Average | 88.253 % | £202,981 | £432,981 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £355,000 | £355,000 | 5 PINNATE PLACE |
14 May 2024 | £337,500 | £337,500 | 4 WALNUT COURT |
10 May 2024 | £415,000 | £415,000 | 61 WALNUT GROVE |
26 Apr 2024 | £398,460 | £395,000 | 459 HOWLANDS |
28 Mar 2024 | £424,015 | £417,500 | 45 BOUNDARY LANE |
This house has a floor area of 79 sq meters or 859 sq feet when measured on 3 Aug 2011. Using an estimated price of £399,374 means this house is valued at £5,003 per sq meter (£464 per sq foot).
The average size of a house on BOUNDARY LANE is 93 sq meters (1,011 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Kendall Close |
Sep 2024 | Anti-social behaviour | On or near Kendall Close | |
Sep 2024 | Anti-social behaviour | On or near Kendall Close | |
Aug 2024 | Anti-social behaviour | On or near Kendall Close | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kendall Close |