£697,796
This estimated value is based upon the latest sale price for the house of £190,000 on 26 Sep 2000. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Grasmere Close
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
| Price Paid | Date |
|---|---|
| £190,000 | 26 Sep 2000 |
| £108,000 | 5 Feb 1996 |
| Semi-Detached |
| 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 September 2000 the House Price Index for HERTFORDSHIRE was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £190,000 results in an estimated price of approximately £697,796.
| 26 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £190,000 | £507,796 | £697,796 |
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 | 158.080 % | £300,351 | £490,351 |
| 3 Month Average | 187.086 % | £355,462 | £545,462 |
| 6 Month Average | 179.970 % | £341,942 | £531,942 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £683,742 | £675,000 | 9 CROSSFELL ROAD |
| 13 Jan 2023 | £618,088 | £621,000 | 2 GRASMERE CLOSE |
| 10 Aug 2022 | £583,430 | £585,000 | 87 THE HORSESHOE |
| 28 Feb 2022 | £602,999 | £575,000 | 79 THE HORSESHOE |
| 17 Dec 2021 | £610,685 | £570,000 | 3 ULLSWATER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Awaiting court outcome | On or near Grasmere Close |
| Jan 2024 | Burglary | Awaiting court outcome | On or near Grasmere Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Colonsay |
| Feb 2024 | Anti-social behaviour | On or near Longfield | |
| Feb 2024 | Anti-social behaviour | On or near Longfield |