£478,265
This estimated value is based upon the latest sale price for the house of £390,000 on 14 Oct 2019. 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 |
|---|---|
| £390,000 | 14 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £390,000 results in an estimated price of approximately £478,265.
| 14 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £390,000 | £88,265 | £478,265 |
The Postcode Pricing Model uses changes in average sales price within the AL8 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 | 6.273 % | £24,464 | £414,464 |
| 3 Month Average | -25.188 % | £-98,232 | £291,767 |
| 6 Month Average | -5.603 % | £-21,852 | £368,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £588,716 | £580,000 | 8 VINE CLOSE |
| 7 Jul 2023 | £446,256 | £440,250 | 22 VINE CLOSE |
| 11 Apr 2022 | £324,387 | £315,000 | 4 DIGSWELL COURT DIGSWELL RISE |
| 18 Mar 2022 | £725,384 | £700,000 | 8 DIGSWELL LODGE DIGSWELL RISE |
| 22 Dec 2021 | £578,865 | £540,300 | 56 DIGSWELL RISE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 18 Jan 2019. Using an estimated price of £478,266 means this house is valued at £6,211 per sq meter (£577 per sq foot).
The average size of a house on DIGSWELL RISE is 107 sq meters (1,153 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lyles Lane | |
| Mar 2024 | Anti-social behaviour | On or near Lyles Lane | |
| Apr 2024 | Anti-social behaviour | On or near Vine Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gresley Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gresley Close |