£647,985
This estimated value is based upon the latest sale price for the house of £635,000 on 23 Jun 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
Orion House, Bessemer Road, Welwyn Garden City, AL7 1HH
Phone: 01707684986
Price Paid | Date |
---|---|
£635,000 | 23 Jun 2023 |
£570,000 | 5 Apr 2017 |
Terraced |
Freehold |
Floor Area: 148 sq meters or 1,593 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 2023 the House Price Index for HERTFORDSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £635,000 results in an estimated price of approximately £647,985.
23 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £635,000 | £12,985 | £647,985 |
The Postcode Pricing Model uses changes in average sales price within the AL7 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 | 14.934 % | £94,828 | £729,828 |
3 Month Average | 5.723 % | £36,341 | £671,341 |
6 Month Average | 1.058 % | £6,715 | £641,715 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £263,084 | £255,000 | 63 BRIDGE COURT |
23 Jun 2023 | £647,986 | £635,000 | 7 GROOM PLACE |
4 Nov 2022 | £119,441 | £120,000 | 25 BRIDGE COURT |
15 Jun 2022 | £286,116 | £280,000 | 6 BRIDGE COURT |
27 Jul 2021 | £295,232 | £255,000 | 74 BRIDGE COURT |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 9 Dec 2016. Using an estimated price of £647,986 means this house is valued at £4,378 per sq meter (£406 per sq foot).
The average size of a house on GROOM PLACE is 131 sq meters (1,416 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Groom Place |
Jul 2024 | Anti-social behaviour | On or near Lynmouth Road | |
Jul 2024 | Anti-social behaviour | On or near Lynmouth Road | |
Jun 2024 | Anti-social behaviour | On or near Lynmouth Road | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Lynmouth Road |