£691,072
This estimated value is based upon the latest sale price for the house of £554,950 on 23 May 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
| Price Paid | Date |
|---|---|
| £554,950 | 23 May 2019 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 May 2019 the House Price Index for HERTFORDSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £554,950 results in an estimated price of approximately £691,072.
| 23 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £554,950 | £136,122 | £691,072 |
The Postcode Pricing Model uses changes in average sales price within the HP2 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 | 13.054 % | £72,443 | £627,393 |
| 3 Month Average | 20.027 % | £111,139 | £666,089 |
| 6 Month Average | 8.669 % | £48,106 | £603,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £585,000 | £585,000 | 46 CRACKLEY MEADOW |
| 16 Aug 2023 | £315,694 | £310,000 | 57 HUNTERS OAK |
| 26 Aug 2022 | £334,062 | £332,500 | 16 CRACKLEY MEADOW |
| 7 Jul 2022 | £429,302 | £425,000 | 3 HUNTERS OAK |
| 16 May 2022 | £582,680 | £567,500 | 2 SKIPPER CLOSE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 14 Nov 2018. Using an estimated price of £691,073 means this house is valued at £5,235 per sq meter (£486 per sq foot).
The average size of a house on MONARCH STREET is 116 sq meters (1,253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Skipper Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Skipper Close |
| Sep 2024 | Vehicle crime | Under investigation | On or near Monarch Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Monarch Street |
| Sep 2024 | Anti-social behaviour | On or near Monarch Street |