£577,996
This estimated value is based upon the latest sale price for the house of £447,150 on 24 Apr 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 |
|---|---|
| £447,150 | 24 Apr 2017 |
| Freehold |
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 2017 the House Price Index for HERTFORDSHIRE was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £447,150 results in an estimated price of approximately £577,996.
| 24 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £447,150 | £130,846 | £577,996 |
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 | 55.404 % | £247,736 | £694,886 |
| 3 Month Average | 10.817 % | £48,368 | £495,518 |
| 6 Month Average | 4.857 % | £21,716 | £468,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £535,769 | £530,000 | 17 TWO WATERS ROAD |
| 6 Jan 2023 | £186,621 | £187,500 | 5 AMBERSIDE COURT HARDINGS CLOSE |
| 10 Jun 2022 | £755,679 | £745,000 | 44 MANORVILLE ROAD |
| 1 Apr 2022 | £620,969 | £603,000 | 1A MANORVILLE ROAD |
| 21 Dec 2021 | £262,487 | £245,000 | 6 AMBERSIDE COURT HARDINGS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Shopping Area | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Shopping Area |
| Mar 2024 | Other theft | Under investigation | On or near Supermarket |
| Jan 2024 | Drugs | Under investigation | On or near Supermarket |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |