£351,271
This estimated value is based upon the latest sale price for the house of £124,500 on 31 Jul 2002. 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 |
|---|---|
| £124,500 | 31 Jul 2002 |
| £92,750 | 28 Oct 1999 |
| £64,950 | 4 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 July 2002 the House Price Index for HERTFORDSHIRE was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £124,500 results in an estimated price of approximately £351,271.
| 31 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £124,500 | £226,771 | £351,271 |
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 | 160.099 % | £199,323 | £323,823 |
| 3 Month Average | 175.195 % | £218,117 | £342,617 |
| 6 Month Average | 186.960 % | £232,765 | £357,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2022 | £472,789 | £475,000 | 82 WOOD LANE END |
| 15 Jul 2022 | £308,087 | £305,000 | 15 HALES PARK CLOSE |
| 29 Apr 2022 | £174,287 | £168,000 | 9 ALISON COURT WOOD END CLOSE |
| 8 Apr 2022 | £269,730 | £260,000 | 9 HALES PARK CLOSE |
| 25 Mar 2022 | £786,082 | £753,000 | 96 WOOD LANE END |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 7 May 2013. Using an estimated price of £351,271 means this house is valued at £6,505 per sq meter (£604 per sq foot).
The average size of a house on WELKIN GREEN is 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Welkin Green |
| Sep 2024 | Other theft | Under investigation | On or near Welkin Green |
| Sep 2024 | Anti-social behaviour | On or near Welkin Green | |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Welkin Green |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Welkin Green |