£550,877
This estimated value is based upon the latest sale price for the house of £112,000 on 21 Nov 1997. 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 Crabtree Close
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Three Gables, Hemel Hempstead, HP3 9HN
Phone: 01442493841
| Price Paid | Date |
|---|---|
| £112,000 | 21 Nov 1997 |
| Semi-Detached |
| Freehold |
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 November 1997 the House Price Index for HERTFORDSHIRE was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £112,000 results in an estimated price of approximately £550,877.
| 21 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 148.6 | 391.855 % | £112,000 | £438,877 | £550,877 |
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 | 343.070 % | £384,238 | £496,238 |
| 3 Month Average | 338.865 % | £379,528 | £491,528 |
| 6 Month Average | 309.019 % | £346,100 | £458,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £178,116 | £175,000 | 35B CORNER HALL AVENUE |
| 9 Feb 2023 | £412,223 | £412,500 | 25 CORNER HALL AVENUE |
| 20 Jan 2023 | £557,374 | £560,000 | 13 CRABTREE CLOSE |
| 2 Aug 2022 | £483,698 | £485,000 | 83 LAWN LANE |
| 13 May 2022 | £275,185 | £270,000 | 29A LAWN LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Awaiting court outcome | On or near Crabtree Close |
| Feb 2024 | Anti-social behaviour | On or near Marriotts Way | |
| Feb 2024 | Anti-social behaviour | On or near Marriotts Way | |
| Jan 2024 | Drugs | Under investigation | On or near Cedar Walk |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Walk |