£660,486
This estimated value is based upon the latest sale price for the house of £500,000 on 16 Dec 2016. 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 |
|---|---|
| £500,000 | 16 Dec 2016 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 December 2016 the House Price Index for HERTFORDSHIRE was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £500,000 results in an estimated price of approximately £660,486.
| 16 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £500,000 | £160,486 | £660,486 |
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 | 17.689 % | £88,446 | £588,446 |
| 3 Month Average | 2.203 % | £11,017 | £511,017 |
| 6 Month Average | 11.907 % | £59,536 | £559,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £420,000 | £420,000 | 69 SHEARWATER ROAD |
| 25 Mar 2024 | £459,053 | £452,000 | 15 BUNTING CLOSE |
| 6 Oct 2023 | £199,532 | £195,000 | 14 BUNTING CLOSE |
| 15 Sep 2023 | £593,074 | £580,000 | 39 SHEARWATER ROAD |
| 1 Sep 2023 | £894,723 | £875,000 | 25 SHEARWATER ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 24 Sep 2012. Using an estimated price of £660,487 means this house is valued at £4,892 per sq meter (£454 per sq foot).
The average size of a house on SHEARWATER ROAD is 148 sq meters (1,594 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Avocet Road | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Avocet Road |
| Jul 2024 | Anti-social behaviour | On or near Avocet Road | |
| Jul 2024 | Anti-social behaviour | On or near Avocet Road | |
| Jul 2024 | Anti-social behaviour | On or near Avocet Road |