£579,216
This estimated value is based upon the latest sale price for the house of £440,000 on 25 Jan 2017. 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 |
|---|---|
| £440,000 | 25 Jan 2017 |
| £245,000 | 25 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 January 2017 the House Price Index for HERTFORDSHIRE was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £440,000 results in an estimated price of approximately £579,216.
| 25 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £440,000 | £139,216 | £579,216 |
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 | 32.495 % | £142,978 | £582,978 |
| 3 Month Average | 1.611 % | £7,088 | £447,088 |
| 6 Month Average | 14.150 % | £62,260 | £502,260 |
| 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 101 sq meters or 1,087 sq feet when measured on 3 Sep 2016. Using an estimated price of £579,217 means this house is valued at £5,734 per sq meter (£532 per sq foot).
The average size of a house on STOREY STREET is 88 sq meters (955 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Orchard Street |