£347,460
This estimated value is based upon the latest sale price for the house of £297,500 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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67 High Street, Old Town, Hemel Hempstead, HP1 3AF
Phone: 01442493343
| Price Paid | Date |
|---|---|
| £297,500 | 6 Nov 2020 |
| £203,000 | 17 Feb 2010 |
| £201,500 | 4 May 2007 |
| £175,000 | 6 May 2005 |
| £120,000 | 24 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 £297,500 results in an estimated price of approximately £347,460.
| 6 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £297,500 | £49,960 | £347,460 |
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 | 20.029 % | £59,585 | £357,085 |
| 3 Month Average | 11.197 % | £33,312 | £330,812 |
| 6 Month Average | 8.293 % | £24,672 | £322,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £378,340 | £370,000 | 14 TIMPLINGS ROW |
| 17 Aug 2023 | £483,724 | £475,000 | 43 LAUREATE WAY |
| 22 Aug 2022 | £502,349 | £500,000 | 3 LAUREATE WAY |
| 11 Aug 2022 | £562,631 | £560,000 | 15 POETS CHASE |
| 22 Jul 2022 | £525,263 | £520,000 | 1 POETS CHASE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 26 Jun 2020. Using an estimated price of £347,461 means this house is valued at £6,317 per sq meter (£586 per sq foot).
The average size of a house on LAUREATE WAY is 73 sq meters (787 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Way |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Willow Way |
| May 2024 | Anti-social behaviour | On or near Poets Chase | |
| May 2024 | Anti-social behaviour | On or near Poets Chase |