£595,647
This estimated value is based upon the latest sale price for the house of £510,000 on 6 Nov 2020. 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 |
|---|---|
| £510,000 | 6 Nov 2020 |
| £529,950 | 1 Mar 2017 |
| £535,000 | 16 Dec 2016 |
| £250,000 | 31 Oct 2006 |
| £98,000 | 28 Mar 1996 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 November 2020 the House Price Index for HERTFORDSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £510,000 results in an estimated price of approximately £595,647.
| 6 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £510,000 | £85,647 | £595,647 |
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 | 1.462 % | £7,457 | £517,457 |
| 3 Month Average | 2.477 % | £12,631 | £522,631 |
| 6 Month Average | 5.334 % | £27,205 | £537,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2022 | £689,408 | £682,500 | 23 WEST VALLEY ROAD |
| 14 Apr 2022 | £778,066 | £750,000 | 60 HIGH RIDGE ROAD |
| 27 Jan 2022 | £715,634 | £675,000 | 45 WEST VALLEY ROAD |
| 18 Jan 2022 | £609,614 | £575,000 | 85 WEST VALLEY ROAD |
| 23 Jul 2021 | £721,292 | £623,000 | 14 CHIPPERFIELD ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 7 Oct 2016. Using an estimated price of £595,647 means this house is valued at £5,366 per sq meter (£498 per sq foot).
The average size of a house on WEST VALLEY ROAD is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Gade View Road |
| Jul 2024 | Anti-social behaviour | On or near Jay Close | |
| Jul 2024 | Anti-social behaviour | On or near Jay Close | |
| Jul 2024 | Anti-social behaviour | On or near Jay Close | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Linnet Road |