£525,893
This estimated value is based upon the latest sale price for the house of £350,000 on 8 Dec 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 |
|---|---|
| £350,000 | 8 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 December 2014 the House Price Index for HERTFORDSHIRE was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £350,000 results in an estimated price of approximately £525,893.
| 8 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £350,000 | £175,893 | £525,893 |
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 | 70.692 % | £247,423 | £597,423 |
| 3 Month Average | 43.470 % | £152,145 | £502,145 |
| 6 Month Average | 45.141 % | £157,994 | £507,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2022 | £689,408 | £682,500 | 23 WEST VALLEY ROAD |
| 14 Apr 2022 | £778,066 | £750,000 | 60 HIGH RIDGE 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 | £615,935 | £532,000 | 59 WEST VALLEY ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 28 Oct 2013. Using an estimated price of £525,893 means this house is valued at £6,829 per sq meter (£634 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 |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near West Valley Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near West Valley Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Gade View Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Chipperfield Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Chipperfield Road |