£947,619
This estimated value is based upon the latest sale price for the house of £782,500 on 29 Jun 2020. 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 |
|---|---|
| £782,500 | 29 Jun 2020 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,595 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 June 2020 the House Price Index for HERTFORDSHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £782,500 results in an estimated price of approximately £947,619.
| 29 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £782,500 | £165,119 | £947,619 |
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 | -25.159 % | £-196,870 | £585,629 |
| 3 Month Average | 16.356 % | £127,983 | £910,483 |
| 6 Month Average | 62.248 % | £487,090 | £1,269,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £535,427 | £527,500 | 5 HONEYMEAD |
| 3 Feb 2023 | £629,576 | £630,000 | 1D NEW ROAD |
| 15 Jul 2022 | £1,754,723 | £1,750,000 | 2 NEW ROAD |
| 18 Feb 2022 | £901,877 | £860,000 | 11 NEW ROAD |
| 30 Sep 2021 | £528,020 | £490,000 | 16 HARMER GREEN LANE |
This house has a floor area of 148 sq meters or 1,595 sq feet when measured on 29 May 2011. Using an estimated price of £947,619 means this house is valued at £6,392 per sq meter (£593 per sq foot).
The average size of a house on HERTFORD ROAD is 183 sq meters (1,977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hertford Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Honeymead |
| 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) |