£837,504
This estimated value is based upon the latest sale price for the house of £525,000 on 21 Feb 2014. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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45 St. Johns Road, Hemel Hempstead, HP1 1QQ
Phone: 01442493812
Price Paid | Date |
---|---|
£525,000 | 21 Feb 2014 |
£470,000 | 31 Aug 2007 |
Detached |
Freehold |
Floor Area: 155 sq meters or 1,668 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 February 2014 the House Price Index for HERTFORDSHIRE was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £525,000 results in an estimated price of approximately £837,504.
21 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 149.7 | 59.525 % | £525,000 | £312,504 | £837,504 |
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 | 86.479 % | £454,017 | £979,017 |
3 Month Average | 76.147 % | £399,773 | £924,773 |
6 Month Average | 77.706 % | £407,956 | £932,956 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £505,123 | £495,000 | 360 NORTHRIDGE WAY |
16 Jun 2023 | £1,030,654 | £1,010,000 | 86 GRAVEL LANE |
2 Jun 2023 | £780,644 | £765,000 | 3 FINCHDALE |
31 Mar 2023 | £661,039 | £650,000 | 84 GRAVEL LANE |
23 Jan 2023 | £912,438 | £910,000 | 34 WRENSFIELD |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 9 Sep 2013. Using an estimated price of £837,505 means this house is valued at £5,403 per sq meter (£501 per sq foot).
The average size of a house on GRAVEL LANE is 166 sq meters (1,792 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rowans |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
Sep 2024 | Other theft | Under investigation | On or near Petrol Station |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
Jul 2024 | Public order | Under investigation | On or near Peartree Close |