£663,886
This estimated value is based upon the latest sale price for the house of £600,000 on 26 Oct 2021. 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 |
|---|---|
| £600,000 | 26 Oct 2021 |
| £480,000 | 9 Mar 2017 |
| Detached |
| 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 October 2021 the House Price Index for HERTFORDSHIRE was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £600,000 results in an estimated price of approximately £663,886.
| 26 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £600,000 | £63,886 | £663,886 |
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 | -2.631 % | £-15,786 | £584,213 |
| 3 Month Average | 36.358 % | £218,148 | £818,148 |
| 6 Month Average | 10.165 % | £60,989 | £660,989 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2022 | £651,754 | £650,000 | 58 WOOTTON DRIVE |
| 8 Apr 2022 | £272,897 | £265,000 | 2 GREAT PALMERS |
| 28 Mar 2022 | £645,591 | £623,000 | 19 WOOTTON DRIVE |
| 20 Dec 2021 | £396,410 | £370,000 | 89 ARGYLL ROAD |
| 26 Oct 2021 | £663,887 | £600,000 | 11 WOOTTON DRIVE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 27 Jun 2016. Using an estimated price of £663,887 means this house is valued at £4,485 per sq meter (£416 per sq foot).
The average size of a house on WOOTTON DRIVE is 105 sq meters (1,136 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Robin Hood Meadow | |
| Mar 2024 | Anti-social behaviour | On or near Robin Hood Meadow | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Palmers |