£533,723
This estimated value is based upon the latest sale price for the house of £434,995 on 6 Sep 2019. 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 |
|---|---|
| £434,995 | 6 Sep 2019 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2019 the House Price Index for HERTFORDSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £434,995 results in an estimated price of approximately £533,723.
| 6 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £434,995 | £98,728 | £533,723 |
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 | 8.053 % | £35,032 | £470,027 |
| 3 Month Average | 11.973 % | £52,080 | £487,075 |
| 6 Month Average | -2.359 % | £-10,263 | £424,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £268,432 | £265,000 | 22 EDWARD COURT |
| 24 Aug 2023 | £479,192 | £475,000 | 21 WOODPECKER DRIVE |
| 11 Aug 2023 | £524,589 | £520,000 | 17 WOODPECKER DRIVE |
| 12 Jul 2023 | £239,220 | £236,000 | 5 EDWARD COURT |
| 27 Jun 2023 | £496,008 | £490,000 | 3 HARRIER CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 Dec 2018. Using an estimated price of £533,723 means this house is valued at £6,065 per sq meter (£563 per sq foot).
The average size of a house on WOODPECKER DRIVE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Jay Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edward Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Edward Court |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Edward Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Edward Court |