£857,536
This estimated value is based upon the latest sale price for the house of £600,000 on 25 Aug 2015. 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 |
|---|---|
| £600,000 | 25 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,507 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 August 2015 the House Price Index for HERTFORDSHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £600,000 results in an estimated price of approximately £857,536.
| 25 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £600,000 | £257,536 | £857,536 |
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 | 70.141 % | £420,848 | £1,020,848 |
| 3 Month Average | 46.396 % | £278,373 | £878,373 |
| 6 Month Average | 37.061 % | £222,363 | £822,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £922,000 | £922,000 | 99 HIGHFIELD LANE |
| 23 Nov 2023 | £431,387 | £425,000 | 1 WIDMORE DRIVE |
| 26 Sep 2023 | £379,857 | £375,000 | 38 LARCHWOOD ROAD |
| 12 Jul 2023 | £390,252 | £385,000 | 10A LARCHWOOD ROAD |
| 9 Jun 2023 | £276,854 | £273,500 | 25 WIDMORE DRIVE |
This house has a floor area of 140 sq meters or 1,507 sq feet when measured on 6 Jul 2011. Using an estimated price of £857,537 means this house is valued at £6,123 per sq meter (£568 per sq foot).
There is one other house on the street which we know the size of, this is 3 THE GRAZINGS it is 126.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near The Grazings |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Nicholas Way |
| Mar 2024 | Anti-social behaviour | On or near Tannsmore Close | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Tannsmore Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |