£564,120
This estimated value is based upon the latest sale price for the house of £140,000 on 23 Dec 1999. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Grasmere Close
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
| Price Paid | Date |
|---|---|
| £140,000 | 23 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 December 1999 the House Price Index for HERTFORDSHIRE was 36.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 302.943%.Applying this 302.943% change to the original purchase price of £140,000 results in an estimated price of approximately £564,120.
| 23 Dec 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 148.6 | 302.943 % | £140,000 | £424,120 | £564,120 |
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 | 201.909 % | £282,672 | £422,672 |
| 3 Month Average | 285.897 % | £400,255 | £540,255 |
| 6 Month Average | 235.151 % | £329,211 | £469,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £683,742 | £675,000 | 9 CROSSFELL ROAD |
| 21 Jul 2023 | £572,708 | £565,000 | 6 GRASMERE CLOSE |
| 13 Jan 2023 | £618,088 | £621,000 | 2 GRASMERE CLOSE |
| 21 Feb 2022 | £380,676 | £363,000 | 18 STRONSAY CLOSE |
| 17 Dec 2021 | £610,685 | £570,000 | 3 ULLSWATER ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 21 Jun 2016. Using an estimated price of £564,121 means this house is valued at £4,863 per sq meter (£451 per sq foot).
The average size of a house on CROSSFELL ROAD is 125 sq meters (1,352 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Awaiting court outcome | On or near Grasmere Close |
| Jan 2024 | Burglary | Awaiting court outcome | On or near Grasmere Close |
| Feb 2024 | Anti-social behaviour | On or near Longfield | |
| Feb 2024 | Anti-social behaviour | On or near Longfield | |
| Feb 2024 | Anti-social behaviour | On or near Longfield |