£322,462
This estimated value is based upon the latest sale price for the house of £316,000 on 7 Jun 2023. 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 |
---|---|
£316,000 | 7 Jun 2023 |
£185,500 | 26 Jan 2007 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 June 2023 the House Price Index for HERTFORDSHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £316,000 results in an estimated price of approximately £322,462.
7 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £316,000 | £6,462 | £322,462 |
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 | -14.634 % | £-46,244 | £269,755 |
3 Month Average | -0.882 % | £-2,788 | £313,211 |
6 Month Average | -0.449 % | £-1,418 | £314,581 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £310,892 | £303,000 | 19 RITCROFT CLOSE |
8 Sep 2023 | £572,623 | £560,000 | 10 HYBURN CLOSE |
7 Jun 2023 | £322,462 | £316,000 | 19 RITCROFT DRIVE |
27 Apr 2023 | £687,866 | £675,000 | 34 NEW PARK DRIVE |
21 Apr 2023 | £366,862 | £360,000 | 9 RITCROFT CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 1 Feb 2018. Using an estimated price of £322,462 means this house is valued at £3,981 per sq meter (£369 per sq foot).
The average size of a house on RITCROFT DRIVE is 92 sq meters (993 sq feet).
This house is the largest in the street with a floor area of 81 sq meters (871 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Under investigation | On or near Ritcroft Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ritcroft Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ritcroft Drive |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Ritcroft Close |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ritcroft Close |