£420,551
This estimated value is based upon the latest sale price for the house of £411,000 on 9 Oct 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
Orion House, Bessemer Road, Welwyn Garden City, AL7 1HH
Phone: 01707684986
| Price Paid | Date |
|---|---|
| £411,000 | 9 Oct 2023 |
| £305,000 | 25 Jan 2019 |
| £173,000 | 31 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 October 2023 the House Price Index for HERTFORDSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £411,000 results in an estimated price of approximately £420,551.
| 9 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £411,000 | £9,551 | £420,551 |
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 | -14.565 % | £-59,860 | £351,139 |
| 3 Month Average | -4.568 % | £-18,774 | £392,225 |
| 6 Month Average | 2.306 % | £9,475 | £420,475 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £420,552 | £411,000 | 45 MILL GREEN ROAD |
| 23 Aug 2023 | £524,459 | £515,000 | 67 MILL GREEN ROAD |
| 18 Aug 2022 | £376,762 | £375,000 | 37 DUNCAN CLOSE |
| 29 Jul 2022 | £393,947 | £390,000 | 17A MILL GREEN ROAD |
| 19 Jul 2022 | £345,967 | £342,500 | 27 OAKTREE GARTH |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 12 Sep 2018. Using an estimated price of £420,552 means this house is valued at £5,006 per sq meter (£465 per sq foot).
The average size of a house on MILL GREEN ROAD is 66 sq meters (712 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Oaktree Garth |
| Oct 2024 | Other theft | Under investigation | On or near Oaktree Garth |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Oaktree Garth |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Gainswood |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gainswood |