£406,292
This estimated value is based upon the latest sale price for the house of £83,000 on 5 Dec 1997. 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 |
|---|---|
| £83,000 | 5 Dec 1997 |
| Terraced |
| Freehold |
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 December 1997 the House Price Index for HERTFORDSHIRE was 30.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 389.509%.Applying this 389.509% change to the original purchase price of £83,000 results in an estimated price of approximately £406,292.
| 5 Dec 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 148.6 | 389.509 % | £83,000 | £323,292 | £406,292 |
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 | 279.589 % | £232,058 | £315,058 |
| 3 Month Average | 373.839 % | £310,286 | £393,286 |
| 6 Month Average | 307.667 % | £255,363 | £338,363 |
| 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 |
| 7 Jul 2023 | £202,729 | £200,000 | 4 MULBERRY HOUSE FEATHERBED LANE |
| 30 Jun 2023 | £161,962 | £160,000 | 5 MULBERRY HOUSE FEATHERBED LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Orchard Street | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Orchard Street |
| Mar 2024 | Other theft | Under investigation | On or near Orchard Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Street |
| Jan 2024 | Public order | Awaiting court outcome | On or near Orchard Street |