£232,401
This estimated value is based upon the latest sale price for the house of £189,950 on 14 Feb 2020. 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 |
|---|---|
| £189,950 | 14 Feb 2020 |
| £124,995 | 24 Aug 2016 |
| £36,500 | 9 Nov 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 February 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £189,950 results in an estimated price of approximately £232,401.
| 14 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £189,950 | £42,451 | £232,401 |
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 | -0.300 % | £-569 | £189,380 |
| 3 Month Average | 22.959 % | £43,610 | £233,560 |
| 6 Month Average | -0.369 % | £-701 | £189,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £270,000 | £270,000 | 15 ORCHARD STREET |
| 17 Jul 2023 | £395,321 | £390,000 | 27 STOREY STREET |
| 7 Jul 2023 | £202,729 | £200,000 | 4 MULBERRY HOUSE FEATHERBED LANE |
| 30 Jun 2023 | £161,962 | £160,000 | 5 MULBERRY HOUSE FEATHERBED LANE |
| 16 Mar 2023 | £373,519 | £370,000 | 14 ORCHARD STREET |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 20 May 2016. Using an estimated price of £232,402 means this house is valued at £5,533 per sq meter (£514 per sq foot).
The average size of a house on LONDON ROAD is 68 sq meters (736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Orchard Street |
| Apr 2024 | Anti-social behaviour | On or near Orchard Street | |
| Mar 2024 | Other theft | Under investigation | On or near Orchard Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Street |