£682,504
This estimated value is based upon the latest sale price for the house of £518,000 on 18 Nov 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 |
|---|---|
| £518,000 | 18 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 November 2016 the House Price Index for HERTFORDSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £518,000 results in an estimated price of approximately £682,504.
| 18 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £518,000 | £164,504 | £682,504 |
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 | -7.339 % | £-38,016 | £479,983 |
| 3 Month Average | 37.537 % | £194,439 | £712,439 |
| 6 Month Average | 16.743 % | £86,727 | £604,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2022 | £932,490 | £935,000 | LANE END, 13 DELMAR AVENUE |
| 28 Jun 2022 | £1,065,051 | £1,050,000 | 30 PANCAKE LANE |
| 31 May 2022 | £515,717 | £506,000 | 37 LOMBARDY CLOSE |
| 19 May 2022 | £509,602 | £500,000 | 26 OAKHILL CLOSE |
| 10 Feb 2022 | £865,173 | £825,000 | 20 DELMAR AVENUE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 17 Jun 2016. Using an estimated price of £682,504 means this house is valued at £7,109 per sq meter (£660 per sq foot).
The average size of a house on PANCAKE LANE is 167 sq meters (1,807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Oakhill Close | |
| Mar 2024 | Anti-social behaviour | On or near Oakhill Close | |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Lombardy Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Handpost Lodge Gardens |
| Feb 2024 | Anti-social behaviour | On or near Handpost Lodge Gardens |