£433,037
This estimated value is based upon the latest sale price for the house of £147,500 on 24 May 2002. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
Get our free house price tracker.
Three Gables, Hemel Hempstead, HP3 9HN
Phone: 01442493841
| Price Paid | Date |
|---|---|
| £147,500 | 24 May 2002 |
| £69,950 | 29 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 May 2002 the House Price Index for HERTFORDSHIRE was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £147,500 results in an estimated price of approximately £433,037.
| 24 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £147,500 | £285,537 | £433,037 |
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 | 236.806 % | £349,289 | £496,789 |
| 3 Month Average | 150.951 % | £222,652 | £370,152 |
| 6 Month Average | 166.425 % | £245,476 | £392,976 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £274,213 | £270,000 | 15 ORCHARD STREET |
| 2 Oct 2023 | £409,296 | £400,000 | 25 STOREY STREET |
| 1 Sep 2023 | £490,820 | £480,000 | 30 WINIFRED ROAD |
| 16 Mar 2023 | £376,284 | £370,000 | 14 ORCHARD STREET |
| 20 Feb 2023 | £347,862 | £345,538 | 12 ORCHARD STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 8 Aug 2020. Using an estimated price of £433,038 means this house is valued at £6,873 per sq meter (£638 per sq foot).
The average size of a house on STOREY STREET is 88 sq meters (955 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Orchard Street |