£463,708
This estimated value is based upon the latest sale price for the house of £385,000 on 16 Mar 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Three Gables, Hemel Hempstead, HP3 9HN
Phone: 01442493841
| Price Paid | Date |
|---|---|
| £385,000 | 16 Mar 2020 |
| Semi-Detached |
| Freehold |
| 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 March 2020 the House Price Index for HERTFORDSHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £385,000 results in an estimated price of approximately £463,708.
| 16 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £385,000 | £78,708 | £463,708 |
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 | -38.232 % | £-147,191 | £237,808 |
| 3 Month Average | 20.795 % | £80,062 | £465,062 |
| 6 Month Average | 2.542 % | £9,785 | £394,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £555,000 | £555,000 | 14 CEDAR WALK |
| 1 Dec 2023 | £178,116 | £175,000 | 35B CORNER HALL AVENUE |
| 6 Jun 2023 | £273,311 | £270,000 | 27A LAWN LANE |
| 24 Mar 2023 | £423,995 | £420,000 | 6 CEDAR WALK |
| 9 Feb 2023 | £412,223 | £412,500 | 25 CORNER HALL AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 31 Jul 2017. Using an estimated price of £463,708 means this house is valued at £5,455 per sq meter (£506 per sq foot).
The average size of a house on CEDAR WALK is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Cedar Walk |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near The Spires |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Spires |
| Mar 2024 | Anti-social behaviour | On or near The Spires | |
| Feb 2024 | Anti-social behaviour | On or near The Spires |