£513,911
This estimated value is based upon the latest sale price for the house of £425,000 on 31 Jul 2020. 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 |
---|---|
£425,000 | 31 Jul 2020 |
Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 2020 the House Price Index for HERTFORDSHIRE was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £425,000 results in an estimated price of approximately £513,911.
31 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £425,000 | £88,911 | £513,911 |
The Postcode Pricing Model uses changes in average sales price within the HP2 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 | -14.724 % | £-62,575 | £362,424 |
3 Month Average | 22.473 % | £95,512 | £520,512 |
6 Month Average | 5.477 % | £23,277 | £448,277 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jul 2023 | £354,775 | £350,000 | 134 WOOTTON DRIVE |
7 Jul 2023 | £400,389 | £395,000 | 99 WOOTTON DRIVE |
20 Jun 2023 | £369,475 | £365,000 | 193 ST AGNELLS LANE |
5 Apr 2023 | £492,806 | £487,500 | 166 ST AGNELLS LANE |
27 Jan 2023 | £537,468 | £540,000 | 102 WOOTTON DRIVE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 19 May 2020. Using an estimated price of £513,911 means this house is valued at £4,212 per sq meter (£391 per sq foot).
The average size of a house on WOOTTON DRIVE is 105 sq meters (1,136 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Old Maple |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wootton Drive |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Squires Ride |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Squires Ride |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Squires Ride |