£318,905
This estimated value is based upon the latest sale price for the house of £187,000 on 28 May 2012. 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 |
|---|---|
| £187,000 | 28 May 2012 |
| 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 May 2012 the House Price Index for HERTFORDSHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £187,000 results in an estimated price of approximately £318,905.
| 28 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £187,000 | £131,905 | £318,905 |
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 | 34.560 % | £64,626 | £251,626 |
| 3 Month Average | 80.188 % | £149,951 | £336,951 |
| 6 Month Average | 53.833 % | £100,668 | £287,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £380,116 | £375,000 | 56 RITCROFT STREET |
| 24 Mar 2023 | £358,376 | £355,000 | 75 RITCROFT STREET |
| 27 Feb 2023 | £356,760 | £357,000 | 9 FARLAND ROAD |
| 23 Feb 2023 | £359,758 | £360,000 | 39 RITCROFT STREET |
| 8 Nov 2022 | £387,309 | £392,000 | 45 BRICKMAKERS LANE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 29 Feb 2012. Using an estimated price of £318,905 means this house is valued at £4,088 per sq meter (£379 per sq foot).
The average size of a house on RITCROFT STREET is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ritcroft Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Brickmakers Lane |
| Mar 2024 | Anti-social behaviour | On or near Farland Road | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farland Road |
| Jan 2024 | Anti-social behaviour | On or near Farland Road |