£807,889
This estimated value is based upon the latest sale price for the house of £625,000 on 26 Apr 2017. 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 |
|---|---|
| £625,000 | 26 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 April 2017 the House Price Index for HERTFORDSHIRE was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £625,000 results in an estimated price of approximately £807,889.
| 26 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £625,000 | £182,889 | £807,889 |
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 | 44.770 % | £279,810 | £904,810 |
| 3 Month Average | 22.039 % | £137,743 | £762,743 |
| 6 Month Average | 7.678 % | £47,985 | £672,985 |
| 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 |
| 22 Jul 2022 | £441,188 | £440,000 | 5 ORONSAY |
| 31 Mar 2022 | £225,905 | £218,000 | 199 NORTHEND |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 25 Aug 2016. Using an estimated price of £807,890 means this house is valued at £8,160 per sq meter (£758 per sq foot).
The average size of a house on GRASMERE CLOSE is 122 sq meters (1,319 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 | Violence and sexual offences | Under investigation | On or near Strandburgh Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Colonsay |
| Apr 2024 | Criminal damage and arson | Awaiting court outcome | On or near Stornoway |