£1,002,322
This estimated value is based upon the latest sale price for the house of £725,000 on 8 Jan 2016. 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 |
|---|---|
| £725,000 | 8 Jan 2016 |
| £232,500 | 28 Feb 1997 |
| Terraced |
| Freehold |
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 January 2016 the House Price Index for HERTFORDSHIRE was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £725,000 results in an estimated price of approximately £1,002,322.
| 8 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £725,000 | £277,322 | £1,002,322 |
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 | 17.147 % | £124,318 | £849,318 |
| 3 Month Average | 16.753 % | £121,456 | £846,456 |
| 6 Month Average | 26.045 % | £188,828 | £913,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £500,020 | £490,000 | 3 HARRIER CLOSE |
| 20 Feb 2023 | £302,017 | £300,000 | 12 SISKIN DRIVE |
| 28 Apr 2022 | £663,950 | £640,000 | 45 HIGH RIDGE ROAD |
| 1 Nov 2021 | £773,559 | £710,000 | 4 FIELDFARE CLOSE |
| 1 Nov 2021 | £506,627 | £465,000 | 5 FIELDFARE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Fieldfare Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fieldfare Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fieldfare Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Siskin Drive |
| Jul 2024 | Drugs | Local resolution | On or near Siskin Drive |