£295,811
This estimated value is based upon the latest sale price for the house of £240,000 on 17 Feb 2020. 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 The Flags
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
| Price Paid | Date |
|---|---|
| £240,000 | 17 Feb 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 648 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 February 2020 the House Price Index for HERTFORDSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £240,000 results in an estimated price of approximately £295,811.
| 17 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £240,000 | £55,811 | £295,811 |
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 | 22.073 % | £52,975 | £292,975 |
| 3 Month Average | 13.329 % | £31,990 | £271,990 |
| 6 Month Average | 10.759 % | £25,821 | £265,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £640,563 | £635,000 | 1 ARUNDEL CLOSE |
| 27 Apr 2023 | £687,866 | £675,000 | 34 NEW PARK DRIVE |
| 18 Apr 2023 | £585,960 | £575,000 | 3 NEW PARK DRIVE |
| 27 Mar 2023 | £488,152 | £480,000 | 15 NEW PARK DRIVE |
| 22 Feb 2023 | £529,537 | £526,000 | 10 GREENWAY |
This house has a floor area of 60 sq meters or 648 sq feet when measured on 15 Jul 2010. Using an estimated price of £295,811 means this house is valued at £4,912 per sq meter (£456 per sq foot).
The average size of a house on THE FLAGS is 105 sq meters (1,133 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near The Flags | |
| Sep 2024 | Anti-social behaviour | On or near The Flags | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Flags |
| Jul 2024 | Public order | Formal action is not in the public interest | On or near The Flags |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near The Flags |