£489,437
This estimated value is based upon the latest sale price for the house of £122,000 on 31 Jan 2000. 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 |
|---|---|
| £122,000 | 31 Jan 2000 |
| Detached |
| Freehold |
| Floor Area: 65 sq meters or 706 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 January 2000 the House Price Index for HERTFORDSHIRE was 37.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 301.178%.Applying this 301.178% change to the original purchase price of £122,000 results in an estimated price of approximately £489,437.
| 31 Jan 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.3 | 149.7 | 301.178 % | £122,000 | £367,437 | £489,437 |
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 | 228.124 % | £278,311 | £400,311 |
| 3 Month Average | 242.708 % | £296,103 | £418,103 |
| 6 Month Average | 248.920 % | £303,682 | £425,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £490,820 | £480,000 | 30 WINIFRED ROAD |
| 9 Jan 2023 | £446,192 | £445,000 | 2 WINIFRED ROAD |
| 26 Jul 2022 | £689,408 | £682,500 | 23 WEST VALLEY ROAD |
| 28 Sep 2021 | £422,286 | £389,000 | 47 WEYMOUTH STREET |
| 23 Jul 2021 | £721,292 | £623,000 | 14 CHIPPERFIELD ROAD |
This house has a floor area of 65 sq meters or 706 sq feet when measured on 8 Jul 2009. Using an estimated price of £489,438 means this house is valued at £7,452 per sq meter (£692 per sq foot).
The average size of a house on KING EDWARD STREET is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Gade View Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Storey Street |