£143,540
This estimated value is based upon the latest sale price for the house of £120,000 on 29 Sep 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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75 Waterhouse Street, Hemel Hempstead, HP1 1ED
Phone: 01442493685
| Price Paid | Date |
|---|---|
| £120,000 | 29 Sep 2020 |
| Leasehold |
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 2020 the House Price Index for HERTFORDSHIRE was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £120,000 results in an estimated price of approximately £143,540.
| 29 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £120,000 | £23,540 | £143,540 |
The Postcode Pricing Model uses changes in average sales price within the HP1 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 | 2.850 % | £3,419 | £123,419 |
| 3 Month Average | 3.555 % | £4,266 | £124,266 |
| 6 Month Average | 11.690 % | £14,028 | £134,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £123,125 | £120,000 | 12 THE SQUARE |
| 2 Oct 2023 | £716,268 | £700,000 | 202 MARLOWES |
| 29 Sep 2023 | £165,652 | £162,000 | FLAT 18 CAMDEN HOUSE MARLOWES |
| 6 Mar 2023 | £1,678,023 | £1,650,000 | 185 MARLOWES |
| 28 Feb 2023 | £273,578 | £271,750 | 2 BRIDGE STREET |