£266,886
This estimated value is based upon the latest sale price for the house of £137,500 on 13 Aug 2004. 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 |
|---|---|
| £137,500 | 13 Aug 2004 |
| £129,995 | 21 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 August 2004 the House Price Index for HERTFORDSHIRE was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £137,500 results in an estimated price of approximately £266,886.
| 13 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £137,500 | £129,386 | £266,886 |
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 | 175.748 % | £241,653 | £379,153 |
| 3 Month Average | 101.935 % | £140,160 | £277,660 |
| 6 Month Average | 107.629 % | £147,990 | £285,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £284,369 | £280,000 | 54 LONDON ROAD |
| 18 Oct 2023 | £470,690 | £460,000 | 3 WHITE LION STREET |
| 11 Aug 2022 | £906,967 | £902,726 | TWO WATERS METHODIST CHURCH MILL STREET |
| 22 Jun 2022 | £242,688 | £237,500 | 29 FOURDRINIER WAY |
| 16 May 2022 | £420,967 | £410,000 | 48A LONDON ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 6 Jul 2019. Using an estimated price of £266,886 means this house is valued at £6,354 per sq meter (£590 per sq foot).
The average size of a house on FOURDRINIER WAY is 68 sq meters (739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Fourdrinier Way | |
| Jun 2024 | Anti-social behaviour | On or near Fourdrinier Way | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fourdrinier Way |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Fourdrinier Way |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Fourdrinier Way |