£702,266
This estimated value is based upon the latest sale price for the house of £550,000 on 8 Sep 2017. 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 |
|---|---|
| £550,000 | 8 Sep 2017 |
| £406,250 | 12 Sep 2011 |
| £240,000 | 28 Mar 2003 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,009 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 September 2017 the House Price Index for HERTFORDSHIRE was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £550,000 results in an estimated price of approximately £702,266.
| 8 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £550,000 | £152,266 | £702,266 |
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 | -0.462 % | £-2,541 | £547,458 |
| 3 Month Average | 1.689 % | £9,288 | £559,288 |
| 6 Month Average | 13.178 % | £72,476 | £622,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £270,973 | £265,000 | 22 EDWARD COURT |
| 25 Aug 2023 | £560,102 | £550,000 | 66 WEYMOUTH STREET |
| 6 Apr 2023 | £412,720 | £405,000 | 77 WEYMOUTH STREET |
| 11 Jan 2023 | £376,005 | £375,000 | 20 EDWARD COURT |
| 25 Nov 2022 | £485,231 | £487,500 | 71 WEYMOUTH STREET |
This house has a floor area of 93 sq meters or 1,009 sq feet when measured on 26 May 2011. Using an estimated price of £702,266 means this house is valued at £7,488 per sq meter (£695 per sq foot).
The average size of a house on KING EDWARD STREET is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Jay Close | |
| Jul 2024 | Anti-social behaviour | On or near Jay Close | |
| Jul 2024 | Anti-social behaviour | On or near Jay Close | |
| Aug 2024 | Anti-social behaviour | On or near Pipit Walk | |
| Aug 2024 | Anti-social behaviour | On or near Pipit Walk |