£479,894
This estimated value is based upon the latest sale price for the house of £390,000 on 26 Jun 2019. 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 |
|---|---|
| £390,000 | 26 Jun 2019 |
| £178,000 | 7 Aug 2003 |
| £113,950 | 3 Jan 2001 |
| £78,000 | 4 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 June 2019 the House Price Index for HERTFORDSHIRE was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £390,000 results in an estimated price of approximately £479,894.
| 26 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £390,000 | £89,894 | £479,894 |
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 | -19.270 % | £-75,152 | £314,847 |
| 3 Month Average | 0.806 % | £3,145 | £393,145 |
| 6 Month Average | 9.561 % | £37,287 | £427,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £121,561 | £120,000 | 23 GADE PLACE |
| 9 Jun 2023 | £680,518 | £675,000 | 47 PARK ROAD |
| 24 Jun 2022 | £469,761 | £465,000 | 248A COTTERELLS |
| 22 Jun 2022 | £108,601 | £107,500 | 21 GADE PLACE |
| 25 Apr 2022 | £466,667 | £455,000 | 254 COTTERELLS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 Apr 2017. Using an estimated price of £479,894 means this house is valued at £5,713 per sq meter (£530 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 |