£543,266
This estimated value is based upon the latest sale price for the house of £472,500 on 29 Jan 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 Newfield Lane
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
Price Paid | Date |
---|---|
£472,500 | 29 Jan 2021 |
£110,000 | 7 May 1998 |
£83,000 | 8 May 1996 |
Terraced |
Freehold |
Floor Area: 120 sq meters or 1,291 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 January 2021 the House Price Index for HERTFORDSHIRE was 130.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.977%.Applying this 14.977% change to the original purchase price of £472,500 results in an estimated price of approximately £543,266.
29 Jan 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
130.2 | 149.7 | 14.977 % | £472,500 | £70,766 | £543,266 |
The Postcode Pricing Model uses changes in average sales price within the HP2 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 | -19.797 % | £-93,539 | £378,960 |
3 Month Average | -8.465 % | £-39,996 | £432,503 |
6 Month Average | 2.109 % | £9,963 | £482,463 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £407,347 | £400,000 | 268 WINDMILL ROAD |
8 Aug 2022 | £575,692 | £573,000 | 282 WINDMILL ROAD |
7 Jul 2022 | £540,415 | £535,000 | 63 NEWFIELD LANE |
29 Apr 2022 | £368,804 | £355,500 | 113A WINDMILL ROAD |
16 Feb 2022 | £422,583 | £400,000 | 15 SHEEPCOTE ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 21 Feb 2020. Using an estimated price of £543,266 means this house is valued at £4,527 per sq meter (£420 per sq foot).
The average size of a house on NEWFIELD LANE is 102 sq meters (1,102 sq feet).
This house is the largest in the street with a floor area of 120 sq meters (1,291 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Newfield Lane |
Jul 2024 | Anti-social behaviour | On or near Newfield Lane | |
May 2024 | Anti-social behaviour | On or near Newfield Lane | |
May 2024 | Violence and sexual offences | Under investigation | On or near Newfield Lane |
May 2024 | Anti-social behaviour | On or near Newfield Lane |