£615,592
This estimated value is based upon the latest sale price for the house of £621,000 on 13 Jan 2023. 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 Grasmere Close
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
| Price Paid | Date |
|---|---|
| £621,000 | 13 Jan 2023 |
| £515,000 | 15 Jun 2018 |
| £205,000 | 9 Jul 2001 |
| £96,000 | 19 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2023 the House Price Index for HERTFORDSHIRE was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £621,000 results in an estimated price of approximately £615,592.
| 13 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £621,000 | £-5,407 | £615,592 |
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 | 12.121 % | £75,268 | £696,268 |
| 3 Month Average | 19.507 % | £121,140 | £742,140 |
| 6 Month Average | -8.562 % | £-53,168 | £567,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £764,463 | £750,000 | 12 THE CROFTS |
| 21 Jul 2023 | £570,396 | £565,000 | 6 GRASMERE CLOSE |
| 13 Jan 2023 | £615,593 | £621,000 | 2 GRASMERE CLOSE |
| 27 Apr 2022 | £738,461 | £720,000 | 19 KILNCROFT |
| 1 Apr 2022 | £656,410 | £640,000 | 32 TILE KILN CRESCENT |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 13 Sep 2017. Using an estimated price of £615,593 means this house is valued at £5,545 per sq meter (£515 per sq foot).
The average size of a house on GRASMERE CLOSE is 122 sq meters (1,319 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Awaiting court outcome | On or near Grasmere Close |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Grasmere Close |
| Feb 2024 | Anti-social behaviour | On or near Longfield | |
| Feb 2024 | Anti-social behaviour | On or near Longfield | |
| Feb 2024 | Anti-social behaviour | On or near Longfield |