£285,938
This estimated value is based upon the latest sale price for the house of £230,000 on 5 Apr 2018. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Three Gables, Hemel Hempstead, HP3 9HN
Phone: 01442493841
| Price Paid | Date |
|---|---|
| £230,000 | 5 Apr 2018 |
| £175,000 | 7 Feb 2014 |
| £165,000 | 7 Jan 2011 |
| Flats/Maisonettes |
| Leasehold |
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 April 2018 the House Price Index for HERTFORDSHIRE was 119.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.321%.Applying this 24.321% change to the original purchase price of £230,000 results in an estimated price of approximately £285,938.
| 5 Apr 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.0 | 24.321 % | £230,000 | £55,938 | £285,938 |
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 | -6.911 % | £-15,895 | £214,104 |
| 3 Month Average | 13.455 % | £30,945 | £260,945 |
| 6 Month Average | 8.376 % | £19,265 | £249,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2022 | £282,051 | £275,000 | 59 KD TOWER COTTERELLS |
| 28 Sep 2021 | £155,620 | £145,000 | 153 KD TOWER COTTERELLS |
| 26 Jun 2020 | £295,501 | £245,000 | 17 KD TOWER COTTERELLS |
| 27 May 2020 | £328,925 | £270,000 | 44 KD TOWER COTTERELLS |
| 4 Dec 2019 | £230,922 | £189,000 | 4 THE TERRACE KD TOWER COTTERELLS |