£301,572
This estimated value is based upon the latest sale price for the house of £240,000 on 31 May 2018. 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 |
|---|---|
| £240,000 | 31 May 2018 |
| £220,000 | 15 Aug 2016 |
| £130,000 | 5 Sep 2014 |
| £116,000 | 10 Jun 2005 |
| £46,500 | 1 Apr 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 602 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 2018 the House Price Index for HERTFORDSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £240,000 results in an estimated price of approximately £301,572.
| 31 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £240,000 | £61,572 | £301,572 |
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 | -19.943 % | £-47,862 | £192,137 |
| 3 Month Average | 15.735 % | £37,764 | £277,764 |
| 6 Month Average | 15.477 % | £37,143 | £277,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £379,637 | £370,000 | 30 BOTLEY ROAD |
| 1 Sep 2023 | £633,975 | £620,000 | 36 HUNTERS OAK |
| 9 Jun 2023 | £367,362 | £360,000 | 18 CHALFONT CLOSE |
| 5 Apr 2023 | £621,627 | £610,000 | 7 LATIMER CLOSE |
| 20 Mar 2023 | £406,793 | £400,000 | 42 LATIMER CLOSE |
This house has a floor area of 55 sq meters or 602 sq feet when measured on 14 Nov 2009. Using an estimated price of £301,573 means this house is valued at £5,391 per sq meter (£500 per sq foot).
The average size of a house on SHENLEY ROAD is 61 sq meters (663 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Redbourn Road | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redbourn Road |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Redbourn Road |
| Jun 2024 | Anti-social behaviour | On or near Redbourn Road | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Redbourn Road |