£225,332
This estimated value is based upon the latest sale price for the house of £168,000 on 17 Aug 2016. 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 |
---|---|
£168,000 | 17 Aug 2016 |
£80,000 | 12 Sep 2002 |
£56,000 | 24 Nov 2000 |
£39,300 | 23 Mar 1998 |
£30,500 | 31 May 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 August 2016 the House Price Index for HERTFORDSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £168,000 results in an estimated price of approximately £225,332.
17 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £168,000 | £57,332 | £225,332 |
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 | 0.588 % | £988 | £168,988 |
3 Month Average | 5.200 % | £8,735 | £176,735 |
6 Month Average | 18.632 % | £31,301 | £199,301 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Aug 2022 | £334,062 | £332,500 | 16 CRACKLEY MEADOW |
2 Mar 2022 | £234,885 | £225,000 | 3 OAKHURST DATCHET CLOSE |
28 Jan 2022 | £360,467 | £340,000 | 15 CRACKLEY MEADOW |
20 Jan 2022 | £424,079 | £400,000 | 21 CRACKLEY MEADOW |
27 Oct 2021 | £445,867 | £400,000 | 37 PARR CRESCENT |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 21 Jan 2016. Using an estimated price of £225,332 means this house is valued at £4,251 per sq meter (£394 per sq foot).
The average size of a house on KIMPTON CLOSE is 56 sq meters (609 sq feet).