£395,594
This estimated value is based upon the latest sale price for the house of £318,000 on 7 Sep 2018. 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 |
|---|---|
| £318,000 | 7 Sep 2018 |
| £109,000 | 16 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 September 2018 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £318,000 results in an estimated price of approximately £395,594.
| 7 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £318,000 | £77,594 | £395,594 |
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 | 66.574 % | £211,705 | £529,705 |
| 3 Month Average | 4.566 % | £14,519 | £332,519 |
| 6 Month Average | 11.899 % | £37,837 | £355,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £271,996 | £266,000 | FLAT 6 WINDSOR COURT CORNER HALL |
| 4 Sep 2023 | £265,861 | £260,000 | 19 KENSINGTON HOUSE CORNER HALL |
| 30 Jun 2023 | £176,538 | £173,000 | FLAT 2 3 CLIFTON COURT CORNER HALL |
| 30 Jun 2023 | £163,272 | £160,000 | 5 MULBERRY HOUSE FEATHERBED LANE |
| 6 Apr 2023 | £540,102 | £530,000 | 17 TWO WATERS ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Sep 2017. Using an estimated price of £395,594 means this house is valued at £5,419 per sq meter (£503 per sq foot).
The average size of a house on TWO WATERS ROAD is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Two Waters Road |
| Jun 2024 | Other theft | Under investigation | On or near Two Waters Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Two Waters Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Two Waters Road |
| May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Two Waters Road |