£570,962
This estimated value is based upon the latest sale price for the house of £379,995 on 24 Dec 2014. 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 |
---|---|
£379,995 | 24 Dec 2014 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 2014 the House Price Index for HERTFORDSHIRE was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £379,995 results in an estimated price of approximately £570,962.
24 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £379,995 | £190,967 | £570,962 |
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 | 70.692 % | £268,627 | £648,622 |
3 Month Average | 43.470 % | £165,183 | £545,178 |
6 Month Average | 45.141 % | £171,535 | £551,530 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £544,086 | £535,000 | 61 SHEARWATER ROAD |
15 Sep 2022 | £599,599 | £600,000 | 61 WEST VALLEY ROAD |
29 Jul 2022 | £787,895 | £780,000 | 2 SHEARWATER ROAD |
18 Jul 2022 | £474,757 | £470,000 | 34 SHEARWATER ROAD |
28 Apr 2022 | £663,950 | £640,000 | 45 HIGH RIDGE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 1 May 2014. Using an estimated price of £570,963 means this house is valued at £5,709 per sq meter (£530 per sq foot).
The average size of a house on SHEARWATER ROAD is 148 sq meters (1,594 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Shearwater Road |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dunnock Close |
Aug 2024 | Other crime | Under investigation | On or near Dunnock Close |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Fieldfare Close |
Aug 2024 | Anti-social behaviour | On or near Fieldfare Close |