£217,808
This estimated value is based upon the latest sale price for the house of £128,000 on 3 Oct 2006. 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 Michael Close
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
| Price Paid | Date |
|---|---|
| £128,000 | 3 Oct 2006 |
| £114,500 | 2 Jul 2004 |
| £46,500 | 3 Apr 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 428 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 October 2006 the House Price Index for HERTFORDSHIRE was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £128,000 results in an estimated price of approximately £217,808.
| 3 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.163 % | £128,000 | £89,808 | £217,808 |
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 | 49.547 % | £63,420 | £191,420 |
| 3 Month Average | 72.917 % | £93,334 | £221,334 |
| 6 Month Average | 90.824 % | £116,254 | £244,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £206,796 | £205,000 | 221 LONGLANDS |
| 16 Nov 2023 | £461,720 | £450,000 | 1 ELLEN MEWS |
| 20 Jan 2023 | £501,340 | £500,000 | 2 ELLEN MEWS |
| 6 Jan 2023 | £451,206 | £450,000 | 24 GREAT ROAD |
| 12 May 2022 | £446,636 | £435,000 | 40 ADEYFIELD GARDENS |
This house has a floor area of 39 sq meters or 428 sq feet when measured on 28 Oct 2011. Using an estimated price of £217,808 means this house is valued at £5,473 per sq meter (£508 per sq foot).
The average size of a house on GREAT ROAD is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Michael Close |
| Jul 2024 | Drugs | Under investigation | On or near Jubilee Close |
| May 2024 | Burglary | Under investigation | On or near Jubilee Close |
| Jul 2024 | Vehicle crime | Under investigation | On or near Laurel Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laurel Close |