£517,715
This estimated value is based upon the latest sale price for the house of £425,000 on 30 Jul 2020. 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 |
|---|---|
| £425,000 | 30 Jul 2020 |
| 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 July 2020 the House Price Index for HERTFORDSHIRE was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £425,000 results in an estimated price of approximately £517,715.
| 30 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £425,000 | £92,715 | £517,715 |
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 | -8.268 % | £-35,140 | £389,859 |
| 3 Month Average | -0.640 % | £-2,721 | £422,278 |
| 6 Month Average | 2.313 % | £9,830 | £434,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jul 2024 | £185,000 | £185,000 | 28 STEVENAGE RISE |
| 13 Nov 2023 | £179,558 | £175,000 | 4 GREAT PALMERS |
| 21 Sep 2023 | £5,113 | £5,000 | 14 HENRY WELLS SQUARE |
| 27 Apr 2023 | £331,195 | £325,000 | 28 RUNCORN CRESCENT |
| 17 Mar 2023 | £361,029 | £355,000 | 30 CRAIGAVON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Stevenage Rise |
| Aug 2024 | Other crime | Awaiting court outcome | On or near Stevenage Rise |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Stevenage Rise |
| Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Stevenage Rise |
| Jun 2024 | Other theft | Under investigation | On or near Stevenage Rise |