£345,095
This estimated value is based upon the latest sale price for the house of £217,500 on 11 Jun 2007. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Three Gables, Hemel Hempstead, HP3 9HN
Phone: 01442493841
| Price Paid | Date |
|---|---|
| £217,500 | 11 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2007 the House Price Index for HERTFORDSHIRE was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £217,500 results in an estimated price of approximately £345,095.
| 11 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £217,500 | £127,595 | £345,095 |
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 | 37.359 % | £81,255 | £298,755 |
| 3 Month Average | 77.338 % | £168,210 | £385,710 |
| 6 Month Average | 56.679 % | £123,276 | £340,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £270,000 | £270,000 | 15 ORCHARD STREET |
| 1 Sep 2023 | £486,217 | £480,000 | 30 WINIFRED ROAD |
| 17 Jul 2023 | £395,321 | £390,000 | 27 STOREY STREET |
| 16 Mar 2023 | £373,519 | £370,000 | 14 ORCHARD STREET |
| 20 Feb 2023 | £345,306 | £345,538 | 12 ORCHARD STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 27 Apr 2016. Using an estimated price of £345,095 means this house is valued at £4,424 per sq meter (£411 per sq foot).
The average size of a house on STOREY STREET is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Storey Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Storey Street |
| Apr 2024 | Anti-social behaviour | On or near Orchard Street | |
| Mar 2024 | Other theft | Under investigation | On or near Orchard Street |
| Jan 2024 | Public order | Awaiting court outcome | On or near Orchard Street |