£900,762
This estimated value is based upon the latest sale price for the house of £700,000 on 31 May 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 |
|---|---|
| £700,000 | 31 May 2017 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 May 2017 the House Price Index for HERTFORDSHIRE was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £700,000 results in an estimated price of approximately £900,762.
| 31 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £700,000 | £200,762 | £900,762 |
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 | 12.119 % | £84,831 | £784,831 |
| 3 Month Average | 40.147 % | £281,025 | £981,025 |
| 6 Month Average | 18.615 % | £130,302 | £830,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £758,267 | £745,000 | 130 LEVERSTOCK GREEN ROAD |
| 6 Sep 2022 | £714,232 | £720,000 | 25 CURTIS ROAD |
| 28 Jun 2022 | £1,065,051 | £1,050,000 | 30 PANCAKE LANE |
| 22 Jun 2022 | £735,393 | £725,000 | 12 BARTEL CLOSE |
| 31 May 2022 | £515,717 | £506,000 | 37 LOMBARDY CLOSE |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 24 Oct 2016. Using an estimated price of £900,762 means this house is valued at £5,887 per sq meter (£546 per sq foot).
The average size of a house on PANCAKE LANE is 167 sq meters (1,807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Lombardy Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Curtis Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St David'S Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bartel Close |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |