£1,262,765
This estimated value is based upon the latest sale price for the house of £925,000 on 1 Feb 2016. 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 |
|---|---|
| £925,000 | 1 Feb 2016 |
| £795,000 | 15 Oct 2014 |
| 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 February 2016 the House Price Index for HERTFORDSHIRE was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £925,000 results in an estimated price of approximately £1,262,765.
| 1 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £925,000 | £337,765 | £1,262,765 |
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 | -39.039 % | £-361,112 | £563,887 |
| 3 Month Average | -12.907 % | £-119,391 | £805,608 |
| 6 Month Average | 36.387 % | £336,580 | £1,261,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 | £862,074 | £800,000 | 72 HERTFORD ROAD |
| 2 Sep 2021 | £649,249 | £602,500 | 4 ST IVES CLOSE |
| 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 The Swallows |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Swallows |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near River View |