£424,712
This estimated value is based upon the latest sale price for the house of £123,000 on 31 May 2001. 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 |
|---|---|
| £123,000 | 31 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 925 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 May 2001 the House Price Index for HERTFORDSHIRE was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £123,000 results in an estimated price of approximately £424,712.
| 31 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 149.7 | 245.295 % | £123,000 | £301,712 | £424,712 |
The Postcode Pricing Model uses changes in average sales price within the HP1 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 | 273.805 % | £336,780 | £459,780 |
| 3 Month Average | 236.517 % | £290,915 | £413,915 |
| 6 Month Average | 243.231 % | £299,174 | £422,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £123,125 | £120,000 | 23 GADE PLACE |
| 9 Jun 2023 | £688,804 | £675,000 | 47 PARK ROAD |
| 24 Jun 2022 | £475,157 | £465,000 | 248A COTTERELLS |
| 22 Jun 2022 | £109,848 | £107,500 | 21 GADE PLACE |
| 29 Apr 2022 | £285,291 | £275,000 | 59 KD TOWER COTTERELLS |
This house has a floor area of 85 sq meters or 925 sq feet when measured on 19 Sep 2009. Using an estimated price of £424,712 means this house is valued at £4,941 per sq meter (£459 per sq foot).
The average size of a house on COTTERELLS is 70 sq meters (757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jun 2024 | Other theft | Under investigation | On or near Parking Area |
| Jun 2024 | Other theft | Under investigation | On or near Parking Area |