£1,272,709
This estimated value is based upon the latest sale price for the house of £775,000 on 16 Jan 2007. 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 |
|---|---|
| £775,000 | 16 Jan 2007 |
| £685,000 | 18 Aug 2003 |
| £325,000 | 19 Feb 1999 |
| 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 2007 the House Price Index for HERTFORDSHIRE was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £775,000 results in an estimated price of approximately £1,272,709.
| 16 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.6 | 64.221 % | £775,000 | £497,709 | £1,272,709 |
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 | -4.597 % | £-35,627 | £739,372 |
| 3 Month Average | 42.161 % | £326,746 | £1,101,746 |
| 6 Month Average | 104.018 % | £806,142 | £1,581,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £1,167,282 | £1,150,000 | 45 NEW ROAD |
| 1 Sep 2023 | £1,367,485 | £1,350,000 | 38 NEW ROAD |
| 20 Jul 2023 | £1,267,053 | £1,250,000 | 50 NEW ROAD |
| 15 Jul 2022 | £1,754,723 | £1,750,000 | 2 NEW ROAD |
| 19 May 2022 | £1,258,717 | £1,235,000 | 14 MORNINGTON |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Adele Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Adele Avenue |
| Mar 2024 | Other theft | On or near Welwyn North (Station) | |
| Mar 2024 | Criminal damage and arson | On or near Welwyn North (Station) | |
| Mar 2024 | Vehicle crime | On or near Welwyn North (Station) |