£362,126
This estimated value is based upon the latest sale price for the house of £232,500 on 16 May 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 |
|---|---|
| £232,500 | 16 May 2014 |
| £215,000 | 4 Apr 2006 |
| £232,900 | 18 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 2014 the House Price Index for HERTFORDSHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £232,500 results in an estimated price of approximately £362,126.
| 16 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £232,500 | £129,626 | £362,126 |
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 | 84.003 % | £195,307 | £427,807 |
| 3 Month Average | 44.489 % | £103,437 | £335,937 |
| 6 Month Average | 51.976 % | £120,843 | £353,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £284,369 | £280,000 | 54 LONDON ROAD |
| 18 Oct 2023 | £470,690 | £460,000 | 3 WHITE LION STREET |
| 27 Jan 2023 | £338,404 | £337,500 | 75 REGENTS HOUSE FROGMORE ROAD |
| 30 Nov 2022 | £353,348 | £355,000 | 86 REGENTS HOUSE FROGMORE ROAD |
| 11 Aug 2022 | £906,967 | £902,726 | TWO WATERS METHODIST CHURCH MILL STREET |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 8 May 2014. Using an estimated price of £362,126 means this house is valued at £3,979 per sq meter (£369 per sq foot).
The average size of a house on FOURDRINIER WAY is 68 sq meters (739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Fourdrinier Way | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fourdrinier Way |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Fourdrinier Way |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Fourdrinier Way |
| Jun 2024 | Anti-social behaviour | On or near Fourdrinier Way |