£864,456
This estimated value is based upon the latest sale price for the house of £163,000 on 28 Feb 1997. 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 |
|---|---|
| £163,000 | 28 Feb 1997 |
| Detached |
| Freehold |
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 February 1997 the House Price Index for HERTFORDSHIRE was 28.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 430.342%.Applying this 430.342% change to the original purchase price of £163,000 results in an estimated price of approximately £864,456.
| 28 Feb 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.2 | 149.7 | 430.342 % | £163,000 | £701,456 | £864,456 |
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 | 318.296 % | £518,823 | £681,823 |
| 3 Month Average | 381.407 % | £621,693 | £784,693 |
| 6 Month Average | 390.739 % | £636,904 | £799,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2022 | £599,599 | £600,000 | 61 WEST VALLEY ROAD |
| 26 Jul 2022 | £689,408 | £682,500 | 23 WEST VALLEY ROAD |
| 27 Jan 2022 | £715,634 | £675,000 | 45 WEST VALLEY ROAD |
| 18 Jan 2022 | £609,614 | £575,000 | 85 WEST VALLEY ROAD |
| 23 Jul 2021 | £721,292 | £623,000 | 14 CHIPPERFIELD ROAD |
| 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 |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Henry Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shearwater Road |