£307,318
This estimated value is based upon the latest sale price for the house of £167,000 on 27 Sep 2005. 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 |
|---|---|
| £167,000 | 27 Sep 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 September 2005 the House Price Index for HERTFORDSHIRE was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £167,000 results in an estimated price of approximately £307,318.
| 27 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 149.7 | 84.023 % | £167,000 | £140,318 | £307,318 |
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 | 150.261 % | £250,936 | £417,936 |
| 3 Month Average | 95.258 % | £159,080 | £326,080 |
| 6 Month Average | 100.382 % | £167,637 | £334,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £271,902 | £265,000 | APARTMENT 12 EARLESWOOD COURT LONDON ROAD |
| 10 Oct 2023 | £455,342 | £445,000 | 34 PIPIT WALK |
| 24 Aug 2023 | £483,724 | £475,000 | 21 WOODPECKER DRIVE |
| 11 Aug 2023 | £529,551 | £520,000 | 17 WOODPECKER DRIVE |
| 15 Dec 2021 | £539,654 | £500,000 | 31 WOODPECKER DRIVE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 10 Jul 2019. Using an estimated price of £307,318 means this house is valued at £5,391 per sq meter (£500 per sq foot).
The average size of a house on LONDON ROAD is 68 sq meters (736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Kents Avenue |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Kents Avenue |
| Apr 2024 | Drugs | Local resolution | On or near Kents Avenue |
| Jul 2024 | Vehicle crime | Under investigation | On or near Petrol Station |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |