£554,325
This estimated value is based upon the latest sale price for the house of £385,000 on 3 Aug 2015. 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 |
|---|---|
| £385,000 | 3 Aug 2015 |
| £360,000 | 6 Dec 2011 |
| £95,000 | 2 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 756 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 August 2015 the House Price Index for HERTFORDSHIRE was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £385,000 results in an estimated price of approximately £554,325.
| 3 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £385,000 | £169,325 | £554,325 |
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 | -20.808 % | £-80,110 | £304,889 |
| 3 Month Average | -14.133 % | £-54,413 | £330,586 |
| 6 Month Average | 14.217 % | £54,736 | £439,736 |
| 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 |
This house has a floor area of 70 sq meters or 756 sq feet when measured on 22 Sep 2011. Using an estimated price of £554,326 means this house is valued at £7,884 per sq meter (£732 per sq foot).
The average size of a house on ADELE AVENUE is 91 sq meters (981 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) |