£2,304,959
This estimated value is based upon the latest sale price for the house of £1,330,000 on 23 Mar 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 |
|---|---|
| £1,330,000 | 23 Mar 2011 |
| £314,600 | 11 May 1995 |
| Detached |
| Freehold |
| Floor Area: 275 sq meters or 2,960 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 March 2011 the House Price Index for HERTFORDSHIRE was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £1,330,000 results in an estimated price of approximately £2,304,959.
| 23 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £1,330,000 | £974,959 | £2,304,959 |
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 | 4.298 % | £57,169 | £1,387,169 |
| 3 Month Average | -4.427 % | £-58,882 | £1,271,117 |
| 6 Month Average | 27.091 % | £360,307 | £1,690,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2024 | £1,300,000 | £1,300,000 | 34 NEW ROAD |
| 6 Mar 2024 | £1,383,760 | £1,362,500 | 49 NEW ROAD |
| 1 Nov 2023 | £1,179,952 | £1,150,000 | 45 NEW ROAD |
| 1 Sep 2023 | £1,380,430 | £1,350,000 | 38 NEW ROAD |
| 3 Feb 2023 | £634,237 | £630,000 | 1D NEW ROAD |
This house has a floor area of 275 sq meters or 2,960 sq feet when measured on 16 Aug 2010. Using an estimated price of £2,304,960 means this house is valued at £8,381 per sq meter (£778 per sq foot).
The average size of a house on NEW ROAD is 244 sq meters (2,627 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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) | |
| Aug 2024 | Criminal damage and arson | On or near Welwyn North (Station) | |
| Aug 2024 | Violence and sexual offences | On or near Welwyn North (Station) |