£500,244
This estimated value is based upon the latest sale price for the house of £325,000 on 21 Jul 2014. 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 |
---|---|
£325,000 | 21 Jul 2014 |
£194,000 | 12 Jun 2004 |
£104,500 | 5 Feb 1999 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 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 July 2014 the House Price Index for HERTFORDSHIRE was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £325,000 results in an estimated price of approximately £500,244.
21 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £325,000 | £175,244 | £500,244 |
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 | 53.296 % | £173,210 | £498,210 |
3 Month Average | 28.992 % | £94,222 | £419,222 |
6 Month Average | 44.897 % | £145,915 | £470,915 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £270,973 | £265,000 | 22 EDWARD COURT |
25 Aug 2023 | £560,102 | £550,000 | 66 WEYMOUTH STREET |
6 Apr 2023 | £412,720 | £405,000 | 77 WEYMOUTH STREET |
11 Jan 2023 | £376,005 | £375,000 | 20 EDWARD COURT |
25 Nov 2022 | £485,231 | £487,500 | 71 WEYMOUTH STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 20 Jan 2014. Using an estimated price of £500,245 means this house is valued at £4,764 per sq meter (£442 per sq foot).
The average size of a house on WEYMOUTH STREET is 84 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Robbery | Under investigation | On or near Avia Close |
Jul 2024 | Shoplifting | Under investigation | On or near Avia Close |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Avia Close |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Avia Close |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Edward Court |