£651,795
This estimated value is based upon the latest sale price for the house of £507,500 on 21 Jul 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 |
---|---|
£507,500 | 21 Jul 2017 |
£380,000 | 19 Aug 2014 |
Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 July 2017 the House Price Index for HERTFORDSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £507,500 results in an estimated price of approximately £651,795.
21 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £507,500 | £144,295 | £651,795 |
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 | 31.015 % | £157,401 | £664,901 |
3 Month Average | 9.499 % | £48,204 | £555,704 |
6 Month Average | 15.966 % | £81,026 | £588,526 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2022 | £689,408 | £682,500 | 23 WEST VALLEY ROAD |
28 Apr 2022 | £663,950 | £640,000 | 45 HIGH RIDGE ROAD |
14 Apr 2022 | £778,066 | £750,000 | 60 HIGH RIDGE ROAD |
27 Jan 2022 | £715,634 | £675,000 | 45 WEST VALLEY ROAD |
18 Jan 2022 | £609,614 | £575,000 | 85 WEST VALLEY ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 23 Apr 2014. Using an estimated price of £651,795 means this house is valued at £7,852 per sq meter (£729 per sq foot).
The average size of a house on HIGH RIDGE ROAD is 107 sq meters (1,159 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Under investigation | On or near High Ridge Road |
Jul 2024 | Anti-social behaviour | On or near Jay Close | |
Jul 2024 | Drugs | Local resolution | On or near Siskin Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Siskin Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Siskin Drive |