£487,979
This estimated value is based upon the latest sale price for the house of £379,950 on 28 Jul 2017. 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 |
|---|---|
| £379,950 | 28 Jul 2017 |
| Detached |
| Freehold |
| 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 July 2017 the House Price Index for HERTFORDSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £379,950 results in an estimated price of approximately £487,979.
| 28 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £379,950 | £108,029 | £487,979 |
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 | 0.346 % | £1,315 | £381,265 |
| 3 Month Average | 15.452 % | £58,711 | £438,661 |
| 6 Month Average | 11.853 % | £45,035 | £424,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £476,411 | £467,500 | 8 MONARCH STREET |
| 20 Jul 2022 | £616,174 | £610,000 | 7 GRAYLING GROVE |
| 16 May 2022 | £582,680 | £567,500 | 2 SKIPPER CLOSE |
| 14 Apr 2022 | £456,466 | £440,000 | 36 BURGUNDY DRIVE |
| 11 Feb 2022 | £433,147 | £410,000 | 59 WOODWHITE WAY |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 7 Jun 2017. Using an estimated price of £487,980 means this house is valued at £5,362 per sq meter (£498 per sq foot).
The average size of a house on MONARCH STREET is 116 sq meters (1,253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Monarch Street | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monarch Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Monarch Street |
| Sep 2024 | Anti-social behaviour | On or near Monarch Street | |
| Sep 2024 | Anti-social behaviour | On or near Monarch Street |