£1,051,640
This estimated value is based upon the latest sale price for the house of £800,000 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Harmer Green Lane
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Orion House, Bessemer Road, Welwyn Garden City, AL7 1HH
Phone: 01707684986
| Price Paid | Date |
|---|---|
| £800,000 | 29 Jul 2016 |
| Detached |
| Freehold |
| Floor Area: 290 sq meters or 3,121 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 July 2016 the House Price Index for HERTFORDSHIRE was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £800,000 results in an estimated price of approximately £1,051,640.
| 29 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £800,000 | £251,640 | £1,051,640 |
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 | -7.316 % | £-58,531 | £741,468 |
| 3 Month Average | -16.087 % | £-128,698 | £671,301 |
| 6 Month Average | 25.554 % | £204,433 | £1,004,433 |
This house has a floor area of 290 sq meters or 3,121 sq feet when measured on 7 Dec 2016.
The average size of a house on NEW ROAD is 244 sq meters (2,627 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Harmer Green Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sharmans Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Adele Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Adele Avenue |
| Mar 2024 | Other theft | On or near Welwyn North (Station) |