£459,562
This estimated value is based upon the latest sale price for the house of £440,000 on 1 Feb 2022. 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 |
|---|---|
| £440,000 | 1 Feb 2022 |
| £380,000 | 9 Mar 2018 |
| £310,000 | 16 Dec 2015 |
| £244,950 | 16 Apr 2010 |
| £95,000 | 4 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 February 2022 the House Price Index for HERTFORDSHIRE was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £440,000 results in an estimated price of approximately £459,562.
| 1 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £440,000 | £19,562 | £459,562 |
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 | -36.218 % | £-159,357 | £280,642 |
| 3 Month Average | -17.015 % | £-74,866 | £365,133 |
| 6 Month Average | -5.253 % | £-23,111 | £416,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £121,561 | £120,000 | 23 GADE PLACE |
| 8 Nov 2023 | £230,965 | £228,000 | 36 KD TOWER COTTERELLS |
| 5 Jul 2023 | £307,913 | £305,000 | 208 KD TOWER COTTERELLS |
| 9 Jun 2023 | £680,518 | £675,000 | 47 PARK ROAD |
| 24 Jun 2022 | £471,666 | £465,000 | 248A COTTERELLS |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 15 May 2015. Using an estimated price of £459,562 means this house is valued at £6,472 per sq meter (£601 per sq foot).
The average size of a house on COTTERELLS is 70 sq meters (757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |