£530,034
This estimated value is based upon the latest sale price for the house of £365,000 on 24 Jun 2015. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near West Valley Road
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Three Gables, Hemel Hempstead, HP3 9HN
Phone: 01442493841
| Price Paid | Date |
|---|---|
| £365,000 | 24 Jun 2015 |
| £325,000 | 22 Oct 2014 |
| £197,950 | 10 Feb 2003 |
| £74,950 | 28 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 June 2015 the House Price Index for HERTFORDSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £365,000 results in an estimated price of approximately £530,034.
| 24 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £365,000 | £165,034 | £530,034 |
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 | 29.522 % | £107,756 | £472,756 |
| 3 Month Average | 37.429 % | £136,615 | £501,615 |
| 6 Month Average | 22.088 % | £80,621 | £445,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2022 | £684,342 | £682,500 | 23 WEST VALLEY ROAD |
| 27 Jan 2022 | £710,375 | £675,000 | 45 WEST VALLEY ROAD |
| 18 Jan 2022 | £605,135 | £575,000 | 85 WEST VALLEY ROAD |
| 23 Jul 2021 | £715,992 | £623,000 | 14 CHIPPERFIELD ROAD |
| 30 Jun 2021 | £469,941 | £438,000 | 17 WEST VALLEY ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 29 May 2014. Using an estimated price of £530,034 means this house is valued at £5,464 per sq meter (£507 per sq foot).
The average size of a house on WEST VALLEY ROAD is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near West Valley Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gade View Road |
| Apr 2024 | Burglary | Under investigation | On or near Edward Court |
| Apr 2024 | Other theft | Under investigation | On or near Edward Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Edward Court |