£1,086,883
This estimated value is based upon the latest sale price for the house of £730,000 on 27 Feb 2015. 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 |
|---|---|
| £730,000 | 27 Feb 2015 |
| £327,000 | 24 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 February 2015 the House Price Index for HERTFORDSHIRE was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £730,000 results in an estimated price of approximately £1,086,883.
| 27 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £730,000 | £356,883 | £1,086,883 |
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 | 60.715 % | £443,217 | £1,173,217 |
| 3 Month Average | 32.713 % | £238,801 | £968,801 |
| 6 Month Average | 47.872 % | £349,465 | £1,079,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £375,773 | £370,000 | 26 MARKET OAK LANE |
| 20 Oct 2023 | £386,785 | £378,000 | 15 MARKET OAK LANE |
| 18 Sep 2023 | £1,145,246 | £1,120,000 | 18 HIGHCLERE DRIVE |
| 22 Aug 2023 | £397,163 | £390,000 | 28 HILL COMMON |
| 21 Apr 2023 | £1,350,255 | £1,325,000 | 31 LONGDEAN PARK |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 22 Jul 2013. Using an estimated price of £1,086,884 means this house is valued at £6,587 per sq meter (£611 per sq foot).
The average size of a house on LONGDEAN PARK is 298 sq meters (3,213 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Market Oak Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Chaffinches Green |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chaffinches Green |
| Oct 2024 | Burglary | Under investigation | On or near Hill Common |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Common |