£389,525
This estimated value is based upon the latest sale price for the house of £382,500 on 17 Aug 2023. 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 Sandmere Close
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
| Price Paid | Date |
|---|---|
| £382,500 | 17 Aug 2023 |
| £195,000 | 3 Sep 2004 |
| £72,000 | 6 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 August 2023 the House Price Index for HERTFORDSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £382,500 results in an estimated price of approximately £389,525.
| 17 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £382,500 | £7,025 | £389,525 |
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 | -16.372 % | £-62,621 | £319,878 |
| 3 Month Average | -3.702 % | £-14,161 | £368,338 |
| 6 Month Average | -0.580 % | £-2,218 | £380,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £389,525 | £382,500 | 7 SANDMERE CLOSE |
| 25 Apr 2023 | £249,670 | £245,000 | 27 EASTWICK ROW |
| 24 Feb 2023 | £367,455 | £365,000 | 3 SANDMERE CLOSE |
| 31 Mar 2022 | £443,672 | £425,000 | 18 HOMEFIELD ROAD |
| 25 Mar 2022 | £231,753 | £222,000 | 309 ST ALBANS ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 23 Jul 2013. Using an estimated price of £389,525 means this house is valued at £3,477 per sq meter (£323 per sq foot).
The average size of a house on SANDMERE CLOSE is 174 sq meters (1,880 sq feet).
This house is the smallest in the street with a floor area of 112 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Sandmere Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mariner Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Mariner Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mariner Way |
| Aug 2024 | Anti-social behaviour | On or near Mariner Way |