£172,689
This estimated value is based upon the latest sale price for the house of £160,000 on 17 Dec 2021. 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 |
|---|---|
| £160,000 | 17 Dec 2021 |
| £160,000 | 25 May 2018 |
| £96,000 | 27 Sep 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 2021 the House Price Index for HERTFORDSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £160,000 results in an estimated price of approximately £172,689.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £160,000 | £12,689 | £172,689 |
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 | -21.567 % | £-34,507 | £125,492 |
| 3 Month Average | 8.396 % | £13,434 | £173,434 |
| 6 Month Average | 14.615 % | £23,384 | £183,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £160,393 | £157,500 | 179 WAVENEY |
| 9 Jun 2023 | £113,270 | £111,000 | 16 WAVENEY |
| 26 Aug 2022 | £381,785 | £380,000 | 111 WASHINGTON AVENUE |
| 23 Mar 2022 | £349,718 | £335,000 | 87 WASHINGTON AVENUE |
| 28 Feb 2022 | £412,018 | £390,000 | 11 FROME SQUARE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 13 Feb 2018. Using an estimated price of £172,689 means this house is valued at £3,674 per sq meter (£341 per sq foot).
The average size of a house on WAVENEY is 51 sq meters (551 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near Waveney |
| Sep 2024 | Anti-social behaviour | On or near Waveney | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Waveney |
| Aug 2024 | Anti-social behaviour | On or near Waveney | |
| Aug 2024 | Anti-social behaviour | On or near Waveney |