£403,152
This estimated value is based upon the latest sale price for the house of £235,000 on 5 Sep 2012. 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 |
|---|---|
| £235,000 | 5 Sep 2012 |
| £220,000 | 30 Jul 2008 |
| £65,000 | 19 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 September 2012 the House Price Index for HERTFORDSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.554%.Applying this 71.554% change to the original purchase price of £235,000 results in an estimated price of approximately £403,152.
| 5 Sep 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.554 % | £235,000 | £168,152 | £403,152 |
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 | 84.289 % | £198,079 | £433,079 |
| 3 Month Average | 49.314 % | £115,888 | £350,888 |
| 6 Month Average | 56.544 % | £132,877 | £367,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £430,000 | £430,000 | CORNERWAYS HENRY STREET |
| 11 Mar 2024 | £274,213 | £270,000 | 15 ORCHARD STREET |
| 2 Oct 2023 | £409,296 | £400,000 | 25 STOREY STREET |
| 25 Aug 2023 | £560,102 | £550,000 | 66 WEYMOUTH STREET |
| 6 Apr 2023 | £412,720 | £405,000 | 77 WEYMOUTH STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 10 Jul 2019. Using an estimated price of £403,152 means this house is valued at £5,678 per sq meter (£527 per sq foot).
The average size of a house on WEYMOUTH STREET is 84 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Storey Street |