£365,053
This estimated value is based upon the latest sale price for the house of £327,500 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There has been one burglary within the last year on or near Hill Common
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
| Price Paid | Date |
|---|---|
| £327,500 | 29 Oct 2021 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 £327,500 results in an estimated price of approximately £365,053.
| 29 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £327,500 | £37,553 | £365,053 |
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 | -7.814 % | £-25,590 | £301,909 |
| 3 Month Average | -10.523 % | £-34,463 | £293,036 |
| 6 Month Average | -8.446 % | £-27,660 | £299,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £375,773 | £370,000 | 26 MARKET OAK LANE |
| 20 Oct 2023 | £386,785 | £378,000 | 15 MARKET OAK LANE |
| 22 Aug 2023 | £397,163 | £390,000 | 28 HILL COMMON |
| 27 Mar 2023 | £500,864 | £492,500 | 63 HILL COMMON |
| 25 Nov 2022 | £541,468 | £544,000 | 233 CHAMBERSBURY LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 20 Jul 2021. Using an estimated price of £365,054 means this house is valued at £5,141 per sq meter (£477 per sq foot).
The average size of a house on HILL COMMON is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Hill Common |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Common |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Common |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Market Oak Lane |
| Sep 2024 | Other theft | Under investigation | On or near Claymills Mews |