£394,050
This estimated value is based upon the latest sale price for the house of £206,000 on 8 Oct 2004. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
| Price Paid | Date |
|---|---|
| £206,000 | 8 Oct 2004 |
| £92,500 | 14 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2004 the House Price Index for HERTFORDSHIRE was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £206,000 results in an estimated price of approximately £394,050.
| 8 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 149.7 | 91.287 % | £206,000 | £188,050 | £394,050 |
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 | 132.053 % | £272,029 | £478,029 |
| 3 Month Average | 86.725 % | £178,652 | £384,652 |
| 6 Month Average | 100.943 % | £207,942 | £413,942 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2023 | £249,670 | £245,000 | 27 EASTWICK ROW |
| 11 Jan 2023 | £379,013 | £378,000 | BENNETTS END LODGE BELSIZE ROAD |
| 4 Nov 2022 | £209,023 | £210,000 | 2 KEITHS ROAD |
| 16 Aug 2022 | £356,668 | £355,000 | 75 BELSIZE ROAD |
| 15 Mar 2022 | £405,046 | £388,000 | 98 BELSIZE ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 18 Jun 2020. Using an estimated price of £394,050 means this house is valued at £3,752 per sq meter (£348 per sq foot).
The average size of a house on GAMMON CLOSE is 94 sq meters (1,011 sq feet).