£588,246
This estimated value is based upon the latest sale price for the house of £390,000 on 28 Nov 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 |
|---|---|
| £390,000 | 28 Nov 2014 |
| £249,950 | 14 Feb 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 November 2014 the House Price Index for HERTFORDSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £390,000 results in an estimated price of approximately £588,246.
| 28 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £390,000 | £198,246 | £588,246 |
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 | 57.013 % | £222,351 | £612,351 |
| 3 Month Average | 38.211 % | £149,021 | £539,021 |
| 6 Month Average | 36.469 % | £142,229 | £532,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2022 | £689,408 | £682,500 | 23 WEST VALLEY ROAD |
| 27 Jan 2022 | £715,634 | £675,000 | 45 WEST VALLEY ROAD |
| 18 Jan 2022 | £609,614 | £575,000 | 85 WEST VALLEY ROAD |
| 23 Jul 2021 | £721,292 | £623,000 | 14 CHIPPERFIELD ROAD |
| 23 Jul 2021 | £615,935 | £532,000 | 59 WEST VALLEY ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 10 May 2013. Using an estimated price of £588,247 means this house is valued at £5,711 per sq meter (£530 per sq foot).
The average size of a house on WEST VALLEY ROAD is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Under investigation | On or near High Ridge Road |
| Jul 2024 | Anti-social behaviour | On or near Jay Close | |
| May 2024 | Public order | Unable to prosecute suspect | On or near Edward Court |
| May 2024 | Public order | Unable to prosecute suspect | On or near Edward Court |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Edward Court |