£282,641
This estimated value is based upon the latest sale price for the house of £180,000 on 3 Jan 2008. 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 |
|---|---|
| £180,000 | 3 Jan 2008 |
| £154,000 | 7 Dec 2005 |
| £140,000 | 2 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 777 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 January 2008 the House Price Index for HERTFORDSHIRE was 95.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.023%.Applying this 57.023% change to the original purchase price of £180,000 results in an estimated price of approximately £282,641.
| 3 Jan 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 149.7 | 57.023 % | £180,000 | £102,641 | £282,641 |
The Postcode Pricing Model uses changes in average sales price within the HP2 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 | 48.460 % | £87,228 | £267,228 |
| 3 Month Average | 58.409 % | £105,137 | £285,137 |
| 6 Month Average | 77.044 % | £138,679 | £318,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £358,134 | £350,000 | 202 ST AGNELLS LANE |
| 12 Oct 2023 | £353,018 | £345,000 | 12 AVON SQUARE |
| 4 Sep 2023 | £320,055 | £313,000 | 3 MERSEY PLACE |
| 7 Nov 2022 | £321,497 | £323,000 | 22 COLNE WAY |
| 6 Dec 2021 | £377,758 | £350,000 | 3 COLNE WAY |
This house has a floor area of 72 sq meters or 777 sq feet when measured on 17 Feb 2009. Using an estimated price of £282,642 means this house is valued at £3,914 per sq meter (£363 per sq foot).
The average size of a house on MERSEY PLACE is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Mersey Place | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mersey Place |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mersey Place |
| Jul 2024 | Anti-social behaviour | On or near Mersey Place | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mersey Place |