£365,402
This estimated value is based upon the latest sale price for the house of £180,000 on 14 May 2004. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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45 St. Johns Road, Hemel Hempstead, HP1 1QQ
Phone: 01442493812
| Price Paid | Date |
|---|---|
| £180,000 | 14 May 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 May 2004 the House Price Index for HERTFORDSHIRE was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £180,000 results in an estimated price of approximately £365,402.
| 14 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £180,000 | £185,402 | £365,402 |
The Postcode Pricing Model uses changes in average sales price within the HP1 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 | 115.536 % | £207,965 | £387,965 |
| 3 Month Average | 122.663 % | £220,793 | £400,793 |
| 6 Month Average | 128.721 % | £231,697 | £411,697 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £320,000 | £320,000 | 48 LAUREATE WAY |
| 1 Aug 2024 | £495,000 | £495,000 | 4 MINSTREL CLOSE |
| 8 Sep 2022 | £429,713 | £430,000 | 62 GADEBRIDGE ROAD |
| 22 Aug 2022 | £502,349 | £500,000 | 3 LAUREATE WAY |
| 10 Jun 2022 | £434,283 | £425,000 | 101 GADEBRIDGE ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 10 Sep 2014. Using an estimated price of £365,403 means this house is valued at £3,846 per sq meter (£357 per sq foot).
The average size of a house on SAFFRON LANE is 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Saffron Lane | |
| Sep 2024 | Anti-social behaviour | On or near Saffron Lane | |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near The Thistles |
| Oct 2024 | Burglary | Under investigation | On or near Well Croft |