£660,939
This estimated value is based upon the latest sale price for the house of £535,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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75 Waterhouse Street, Hemel Hempstead, HP1 1ED
Phone: 01442493685
| Price Paid | Date |
|---|---|
| £535,000 | 25 Oct 2019 |
| £515,000 | 25 Sep 2015 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 2019 the House Price Index for HERTFORDSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £535,000 results in an estimated price of approximately £660,939.
| 25 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £535,000 | £125,939 | £660,939 |
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 | 48.143 % | £257,567 | £792,567 |
| 3 Month Average | 24.155 % | £129,227 | £664,227 |
| 6 Month Average | 22.370 % | £119,681 | £654,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £386,888 | £375,000 | 23 HANGER CLOSE |
| 13 Dec 2023 | £443,632 | £430,000 | 21 PARKHILL ROAD |
| 4 Sep 2023 | £373,227 | £365,000 | 48 GLENVIEW ROAD |
| 29 Aug 2023 | £432,806 | £425,000 | 28 GLENVIEW ROAD |
| 26 Sep 2022 | £499,666 | £500,000 | 17 HANGER CLOSE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 22 May 2015. Using an estimated price of £660,939 means this house is valued at £4,824 per sq meter (£448 per sq foot).
The average size of a house on LOCKERS PARK LANE is 130 sq meters (1,406 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Hill Road |
| May 2024 | Anti-social behaviour | On or near Glenview Road | |
| May 2024 | Anti-social behaviour | On or near Glenview Road | |
| May 2024 | Anti-social behaviour | On or near Glenview Road | |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenview Road |