£290,639
This estimated value is based upon the latest sale price for the house of £51,500 on 29 Mar 1996. 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 |
|---|---|
| £51,500 | 29 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 March 1996 the House Price Index for HERTFORDSHIRE was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 464.349%.Applying this 464.349% change to the original purchase price of £51,500 results in an estimated price of approximately £290,639.
| 29 Mar 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 148.6 | 464.349 % | £51,500 | £239,139 | £290,639 |
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 | 453.661 % | £233,635 | £285,135 |
| 3 Month Average | 649.490 % | £334,487 | £385,987 |
| 6 Month Average | 476.019 % | £245,149 | £296,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2022 | £319,134 | £323,000 | 22 COLNE WAY |
| 6 Dec 2021 | £374,982 | £350,000 | 3 COLNE WAY |
| 9 Jul 2021 | £344,780 | £300,000 | 26 MEDWAY ROAD |
| 29 Jun 2021 | £354,065 | £330,000 | 208 ST AGNELLS LANE |
| 25 Jun 2021 | £366,940 | £342,000 | 204 ST AGNELLS LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 13 Sep 2011. Using an estimated price of £290,640 means this house is valued at £3,633 per sq meter (£337 per sq foot).
The average size of a house on MERSEY PLACE is 112 sq meters (1,212 sq feet).
This house is the largest in the street with a floor area of 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Mersey Place | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Mersey Place |
| Mar 2024 | Anti-social behaviour | On or near Mersey Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mersey Place |