£510,307
This estimated value is based upon the latest sale price for the house of £380,000 on 6 May 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
| Price Paid | Date |
|---|---|
| £380,000 | 6 May 2016 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2016 the House Price Index for HERTFORDSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £380,000 results in an estimated price of approximately £510,307.
| 6 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £380,000 | £130,307 | £510,307 |
The Postcode Pricing Model uses changes in average sales price within the HP2 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 | 17.295 % | £65,719 | £445,719 |
| 3 Month Average | 52.972 % | £201,293 | £581,293 |
| 6 Month Average | 36.556 % | £138,910 | £518,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £329,884 | £325,000 | 3A TOWERS ROAD |
| 27 Jan 2023 | £228,922 | £230,000 | 12 MANLEY ROAD |
| 25 Feb 2022 | £461,426 | £440,000 | 74 SPRINGFIELD ROAD |
| 27 Jan 2022 | £389,338 | £369,950 | 21 HARDY ROAD |
| 7 Jan 2022 | £405,177 | £385,000 | 38 SPRINGFIELD ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Jan 2016. Using an estimated price of £510,308 means this house is valued at £6,459 per sq meter (£600 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Towers Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Towers Road |
| Apr 2024 | Public order | Under investigation | On or near Towers Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Towers Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Towers Road |