£464,841
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
There has been one burglary within the last year on or near Parking Area
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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 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £440,000 results in an estimated price of approximately £464,841.
| 1 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £440,000 | £24,841 | £464,841 |
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 | -18.441 % | £-81,139 | £358,860 |
| 3 Month Average | -4.801 % | £-21,123 | £418,876 |
| 6 Month Average | 8.744 % | £38,472 | £478,472 |
| 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 71 sq meters or 764 sq feet when measured on 15 May 2015. Using an estimated price of £464,841 means this house is valued at £6,547 per sq meter (£608 per sq foot).
The average size of a house on COTTERELLS is 70 sq meters (757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Vehicle crime | Under investigation | On or near Parking Area |