£535,688
This estimated value is based upon the latest sale price for the house of £500,000 on 15 Dec 2021. 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 |
---|---|
£500,000 | 15 Dec 2021 |
£479,995 | 8 Feb 2019 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 December 2021 the House Price Index for HERTFORDSHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £500,000 results in an estimated price of approximately £535,688.
15 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £500,000 | £35,688 | £535,688 |
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 | -28.845 % | £-144,224 | £355,775 |
3 Month Average | -5.572 % | £-27,860 | £472,139 |
6 Month Average | -7.766 % | £-38,831 | £461,168 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £268,982 | £265,000 | APARTMENT 12 EARLESWOOD COURT LONDON ROAD |
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 |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 22 Nov 2018. Using an estimated price of £535,689 means this house is valued at £5,356 per sq meter (£497 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 | Other crime | Awaiting court outcome | On or near Kents Avenue |
Feb 2024 | Shoplifting | Under investigation | On or near Kents Avenue |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kents Avenue |
Jan 2024 | Other theft | Under investigation | On or near Kents Avenue |