£517,450
This estimated value is based upon the latest sale price for the house of £335,000 on 15 Sep 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near The Flags
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
| Price Paid | Date |
|---|---|
| £335,000 | 15 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2014 the House Price Index for HERTFORDSHIRE was 66.1.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 54.463%.Applying this 54.463% change to the original purchase price of £335,000 results in an estimated price of approximately £517,450.
| 15 Sep 2014 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.1 | 102.1 | 54.463 % | £335,000 | £182,450 | £517,450 |
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 | 48.708 % | £163,173 | £498,173 |
| 3 Month Average | 44.748 % | £149,905 | £484,905 |
| 6 Month Average | 48.519 % | £162,537 | £497,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Nov 2024 | £504,429 | £498,500 | 32 NEW PARK DRIVE |
| 27 Apr 2023 | £698,960 | £675,000 | 34 NEW PARK DRIVE |
| 18 Apr 2023 | £595,411 | £575,000 | 3 NEW PARK DRIVE |
| 27 Mar 2023 | £496,535 | £480,000 | 15 NEW PARK DRIVE |
| 22 Aug 2022 | £535,102 | £522,000 | 9 NEW PARK DRIVE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 13 Feb 2014. Using an estimated price of £517,451 means this house is valued at £4,747 per sq meter (£441 per sq foot).
The average size of a house on THE FLAGS is 105 sq meters (1,133 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Violence and sexual offences | Under investigation | On or near The Flags |
| Jan 2025 | Other crime | Investigation complete; no suspect identified | On or near The Flags |
| Dec 2024 | Burglary | Investigation complete; no suspect identified | On or near The Flags |
| Dec 2024 | Other theft | Investigation complete; no suspect identified | On or near The Flags |
| Nov 2024 | Anti-social behaviour | On or near The Flags |