£413,249
This estimated value is based upon the latest sale price for the house of £335,000 on 10 Dec 2018. 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 New Park Drive
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
| Price Paid | Date |
|---|---|
| £335,000 | 10 Dec 2018 |
| £220,000 | 19 Sep 2013 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 December 2018 the House Price Index for HERTFORDSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £335,000 results in an estimated price of approximately £413,249.
| 10 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £335,000 | £78,249 | £413,249 |
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 | 14.305 % | £47,920 | £382,920 |
| 3 Month Average | 39.300 % | £131,656 | £466,656 |
| 6 Month Average | 18.136 % | £60,755 | £395,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £456,139 | £450,000 | 58 NEW PARK DRIVE |
| 19 Jun 2023 | £3,138,010 | £3,099,999 | 29 LEVERSTOCK GREEN ROAD |
| 27 Mar 2023 | £484,565 | £480,000 | 15 NEW PARK DRIVE |
| 28 Oct 2022 | £643,076 | £650,000 | 34 LEVERSTOCK GREEN ROAD |
| 22 Aug 2022 | £520,599 | £522,000 | 9 NEW PARK DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 9 Apr 2013. Using an estimated price of £413,249 means this house is valued at £4,805 per sq meter (£446 per sq foot).
The average size of a house on NEW PARK DRIVE is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near New Park Drive |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near New Park Drive |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near New Park Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Park Drive |
| Apr 2024 | Anti-social behaviour | On or near The Flags |