£1,466,605
This estimated value is based upon the latest sale price for the house of £875,000 on 16 Oct 2012. 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 |
|---|---|
| £875,000 | 16 Oct 2012 |
| Detached |
| Freehold |
| Floor Area: 220 sq meters or 2,368 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 2012 the House Price Index for HERTFORDSHIRE was 87.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.612%.Applying this 67.612% change to the original purchase price of £875,000 results in an estimated price of approximately £1,466,605.
| 16 Oct 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 146.7 | 67.612 % | £875,000 | £591,605 | £1,466,605 |
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 | -24.523 % | £-214,578 | £660,421 |
| 3 Month Average | 24.386 % | £213,378 | £1,088,378 |
| 6 Month Average | 91.344 % | £799,261 | £1,674,261 |
This house has a floor area of 220 sq meters or 2,368 sq feet when measured on 17 Jul 2012.
The average size of a house on HERTFORD ROAD is 183 sq meters (1,977 sq feet).
This house is the largest in the street with a floor area of 220 sq meters (2,368 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hertford Road |
| 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 |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Honeymead |