£439,793
This estimated value is based upon the latest sale price for the house of £350,000 on 9 May 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
| Price Paid | Date |
|---|---|
| £350,000 | 9 May 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 May 2018 the House Price Index for HERTFORDSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £350,000 results in an estimated price of approximately £439,793.
| 9 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £350,000 | £89,793 | £439,793 |
The Postcode Pricing Model uses changes in average sales price within the HP3 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 | 136.735 % | £478,571 | £828,571 |
| 3 Month Average | 23.450 % | £82,073 | £432,073 |
| 6 Month Average | 15.749 % | £55,122 | £405,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £298,582 | £292,000 | 30 ACORN ROAD |
| 25 Apr 2023 | £249,670 | £245,000 | 27 EASTWICK ROW |
| 11 Jan 2023 | £379,013 | £378,000 | BENNETTS END LODGE BELSIZE ROAD |
| 4 Nov 2022 | £209,023 | £210,000 | 2 KEITHS ROAD |
| 16 Aug 2022 | £356,668 | £355,000 | 75 BELSIZE ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 18 Apr 2017. Using an estimated price of £439,793 means this house is valued at £3,998 per sq meter (£371 per sq foot).
The average size of a house on GAMMON CLOSE is 94 sq meters (1,011 sq feet).