£358,751
This estimated value is based upon the latest sale price for the house of £280,000 on 23 Jun 2017. 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 |
|---|---|
| £280,000 | 23 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2017 the House Price Index for HERTFORDSHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £280,000 results in an estimated price of approximately £358,751.
| 23 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £280,000 | £78,751 | £358,751 |
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 | 5.205 % | £14,573 | £294,573 |
| 3 Month Average | 29.822 % | £83,501 | £363,501 |
| 6 Month Average | 6.803 % | £19,049 | £299,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £295,782 | £292,000 | 30 ACORN ROAD |
| 23 Jun 2023 | £354,292 | £350,000 | 11 BENNETTS END CLOSE |
| 30 Mar 2023 | £393,709 | £390,000 | 206 ST ALBANS HILL |
| 11 Jan 2023 | £376,228 | £378,000 | BENNETTS END LODGE BELSIZE ROAD |
| 4 Nov 2022 | £207,487 | £210,000 | 2 KEITHS ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 24 Feb 2017. Using an estimated price of £358,752 means this house is valued at £4,484 per sq meter (£416 per sq foot).
The average size of a house on BELSIZE ROAD is 80 sq meters (868 sq feet).