£450,001
This estimated value is based upon the latest sale price for the house of £363,000 on 2 Aug 2019. 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 |
|---|---|
| £363,000 | 2 Aug 2019 |
| £215,000 | 13 Sep 2013 |
| £192,000 | 9 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2019 the House Price Index for HERTFORDSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £363,000 results in an estimated price of approximately £450,001.
| 2 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £363,000 | £87,001 | £450,001 |
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 | 44.600 % | £161,898 | £524,898 |
| 3 Month Average | 9.997 % | £36,289 | £399,289 |
| 6 Month Average | 7.407 % | £26,888 | £389,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £301,033 | £295,000 | 140B WINDMILL ROAD |
| 13 Apr 2023 | £378,071 | £371,000 | 73 SAWYERS WAY |
| 7 Sep 2022 | £512,658 | £513,000 | 85 SAWYERS WAY |
| 5 Aug 2022 | £438,048 | £436,000 | 43 BROADFIELD ROAD |
| 7 Jun 2022 | £475,157 | £465,000 | 32 BROADFIELD ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 20 Mar 2019. Using an estimated price of £450,002 means this house is valued at £4,455 per sq meter (£413 per sq foot).
The average size of a house on NEWFIELD LANE is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near Sawyers Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Sawyers Way |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sawyers Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sawyers Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Sawyers Way |