£424,346
This estimated value is based upon the latest sale price for the house of £247,000 on 21 May 2012. 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 New Park Drive
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
Price Paid | Date |
---|---|
£247,000 | 21 May 2012 |
£241,500 | 11 Dec 2006 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 885 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 2012 the House Price Index for HERTFORDSHIRE was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £247,000 results in an estimated price of approximately £424,346.
21 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £247,000 | £177,346 | £424,346 |
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 | 63.980 % | £158,031 | £405,031 |
3 Month Average | 85.659 % | £211,578 | £458,578 |
6 Month Average | 85.552 % | £211,312 | £458,312 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £640,563 | £635,000 | 1 ARUNDEL CLOSE |
31 Oct 2023 | £486,039 | £475,000 | 57 NEW PARK DRIVE |
19 Jun 2023 | £3,163,394 | £3,099,999 | 29 LEVERSTOCK GREEN ROAD |
6 Jul 2022 | £469,706 | £465,000 | 102 NEW PARK DRIVE |
10 Jun 2022 | £592,669 | £580,000 | 93 NEW PARK DRIVE |
This house has a floor area of 82 sq meters or 885 sq feet when measured on 12 Feb 2009. Using an estimated price of £424,346 means this house is valued at £5,159 per sq meter (£479 per sq foot).
The average size of a house on NEW PARK DRIVE is 99 sq meters (1,072 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near New Park Drive |
Jun 2024 | Burglary | Under investigation | On or near New Park Drive |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wellswood Close |
Aug 2024 | Anti-social behaviour | On or near Arundel Close | |
Aug 2024 | Anti-social behaviour | On or near Arundel Close |