£414,617
This estimated value is based upon the latest sale price for the house of £355,000 on 30 Nov 2020. 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 |
|---|---|
| £355,000 | 30 Nov 2020 |
| £6,680,224 | 24 Feb 2020 |
| £388,975 | 19 Dec 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 November 2020 the House Price Index for HERTFORDSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £355,000 results in an estimated price of approximately £414,617.
| 30 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £355,000 | £59,617 | £414,617 |
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 | 1.582 % | £5,616 | £360,616 |
| 3 Month Average | -1.753 % | £-6,223 | £348,776 |
| 6 Month Average | 7.315 % | £25,967 | £380,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Feb 2023 | £196,311 | £195,000 | FLAT 5 WOOLWORTH HOUSE BESSEMER ROAD |
| 31 Oct 2022 | £259,134 | £260,000 | FLAT 56 CHRYSLER HOUSE BESSEMER ROAD |
| 11 Oct 2022 | £90,697 | £91,000 | FLAT 35 CHRYSLER HOUSE BESSEMER ROAD |
| 19 Aug 2022 | £92,382 | £91,950 | FLAT 59 CHRYSLER HOUSE BESSEMER ROAD |
| 29 Jul 2022 | £86,618 | £85,750 | FLAT 3 CHRYSLER HOUSE BESSEMER ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 19 Nov 2019. Using an estimated price of £414,617 means this house is valued at £4,877 per sq meter (£453 per sq foot).
The average size of a house on BESSEMER ROAD is 63 sq meters (681 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near A1000 |
| May 2024 | Anti-social behaviour | On or near A1000 | |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near A1000 |
| May 2024 | Anti-social behaviour | On or near A1000 | |
| May 2024 | Anti-social behaviour | On or near A1000 |