£479,307
This estimated value is based upon the latest sale price for the house of £430,000 on 26 Oct 2021. 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 |
---|---|
£430,000 | 26 Oct 2021 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 October 2021 the House Price Index for HERTFORDSHIRE was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £430,000 results in an estimated price of approximately £479,307.
26 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 149.7 | 11.467 % | £430,000 | £49,307 | £479,307 |
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 | 4.739 % | £20,379 | £450,379 |
3 Month Average | 10.624 % | £45,682 | £475,682 |
6 Month Average | 6.860 % | £29,498 | £459,498 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Oct 2023 | £269,112 | £263,000 | 15 HIGHLAND DRIVE |
27 Apr 2023 | £687,866 | £675,000 | 34 NEW PARK DRIVE |
18 Apr 2023 | £585,960 | £575,000 | 3 NEW PARK DRIVE |
27 Mar 2023 | £488,152 | £480,000 | 15 NEW PARK DRIVE |
22 Feb 2023 | £529,537 | £526,000 | 10 GREENWAY |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 6 Aug 2021. Using an estimated price of £479,308 means this house is valued at £5,845 per sq meter (£543 per sq foot).
The average size of a house on NEW PARK DRIVE is 99 sq meters (1,072 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Public order | Under investigation | On or near Maddox Road |
Sep 2024 | Anti-social behaviour | On or near Maddox Road | |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Maddox Road |
Sep 2024 | Anti-social behaviour | On or near Maddox Road | |
Aug 2024 | Drugs | Awaiting court outcome | On or near Maddox Road |