£1,205,099
This estimated value is based upon the latest sale price for the house of £1,050,000 on 18 Dec 2020. 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 Laurel Bank
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45 St. Johns Road, Hemel Hempstead, HP1 1QQ
Phone: 01442493812
| Price Paid | Date |
|---|---|
| £1,050,000 | 18 Dec 2020 |
| £805,000 | 16 Oct 2008 |
| £910,000 | 29 Jun 2007 |
| Detached |
| Freehold |
| Floor Area: 265 sq meters or 2,862 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 December 2020 the House Price Index for HERTFORDSHIRE was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,205,099.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £1,050,000 | £155,099 | £1,205,099 |
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 | -33.261 % | £-349,242 | £700,757 |
| 3 Month Average | -19.488 % | £-204,619 | £845,380 |
| 6 Month Average | -7.798 % | £-81,879 | £968,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £582,844 | £575,000 | APARTMENT 3 OSPREY GATE BEECHWOOD PARK |
| 30 Mar 2023 | £873,227 | £865,000 | 5B COPPER BEECH CLOSE |
| 31 Oct 2022 | £984,401 | £995,000 | AMABILIS, 19 LAUREL BANK |
| 1 Apr 2022 | £1,616,785 | £1,570,000 | 26 COPPER BEECH CLOSE |
| 31 Jan 2022 | £578,824 | £550,000 | 561 LONDON ROAD |
This house has a floor area of 265 sq meters or 2,862 sq feet when measured on 5 May 2011. Using an estimated price of £1,205,099 means this house is valued at £4,532 per sq meter (£421 per sq foot).
There is one other house on the street which we know the size of, this is 4 ASPENS PLACE it is 285.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Laurel Bank | |
| Feb 2024 | Anti-social behaviour | On or near Laurel Bank | |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Laurel Bank |
| Jan 2024 | Burglary | Under investigation | On or near Laurel Bank |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Laurel Bank |