£494,203
This estimated value is based upon the latest sale price for the house of £399,995 on 15 Nov 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 |
|---|---|
| £399,995 | 15 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £399,995 results in an estimated price of approximately £494,203.
| 15 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £399,995 | £94,208 | £494,203 |
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 | 57.306 % | £229,222 | £629,217 |
| 3 Month Average | -1.923 % | £-7,693 | £392,301 |
| 6 Month Average | 7.793 % | £31,170 | £431,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2023 | £455,342 | £445,000 | 34 PIPIT WALK |
| 8 Sep 2023 | £270,973 | £265,000 | 22 EDWARD COURT |
| 24 Aug 2023 | £483,724 | £475,000 | 21 WOODPECKER DRIVE |
| 11 Aug 2023 | £529,551 | £520,000 | 17 WOODPECKER DRIVE |
| 11 Jan 2023 | £376,005 | £375,000 | 20 EDWARD COURT |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 Dec 2018. Using an estimated price of £494,204 means this house is valued at £6,769 per sq meter (£628 per sq foot).
The average size of a house on PIPIT WALK is 112 sq meters (1,215 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pipit Walk |
| Oct 2024 | Anti-social behaviour | On or near Pipit Walk | |
| Oct 2024 | Anti-social behaviour | On or near Pipit Walk | |
| Aug 2024 | Anti-social behaviour | On or near Pipit Walk | |
| Aug 2024 | Anti-social behaviour | On or near Pipit Walk |