£554,854
This estimated value is based upon the latest sale price for the house of £550,000 on 25 Aug 2023. 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 |
|---|---|
| £550,000 | 25 Aug 2023 |
| £168,000 | 12 Oct 2001 |
| £86,000 | 8 Jan 1997 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 August 2023 the House Price Index for HERTFORDSHIRE was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £550,000 results in an estimated price of approximately £554,854.
| 25 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £550,000 | £4,854 | £554,854 |
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 | 77.540 % | £426,471 | £976,471 |
| 3 Month Average | 19.111 % | £105,112 | £655,112 |
| 6 Month Average | -3.079 % | £-16,936 | £533,063 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £268,432 | £265,000 | 22 EDWARD COURT |
| 25 Aug 2023 | £554,854 | £550,000 | 66 WEYMOUTH STREET |
| 12 Jul 2023 | £239,220 | £236,000 | 5 EDWARD COURT |
| 6 Apr 2023 | £409,408 | £405,000 | 77 WEYMOUTH STREET |
| 11 Jan 2023 | £373,242 | £375,000 | 20 EDWARD COURT |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 11 Jun 2021. Using an estimated price of £554,854 means this house is valued at £6,377 per sq meter (£592 per sq foot).
The average size of a house on WEYMOUTH STREET is 84 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Weymouth Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Millbank |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Millbank |
| Apr 2024 | Shoplifting | Under investigation | On or near Avia Close |
| Mar 2024 | Shoplifting | Under investigation | On or near Avia Close |