£5,689,640
This estimated value is based upon the latest sale price for the house of £5,100,000 on 31 Aug 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 |
|---|---|
| £5,100,000 | 31 Aug 2021 |
| 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 August 2021 the House Price Index for HERTFORDSHIRE was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £5,100,000 results in an estimated price of approximately £5,689,640.
| 31 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £5,100,000 | £589,640 | £5,689,640 |
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 | -36.202 % | £-1,846,316 | £3,253,683 |
| 3 Month Average | -11.884 % | £-606,080 | £4,493,919 |
| 6 Month Average | -20.180 % | £-1,029,175 | £4,070,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £652,909 | £645,000 | 3 MINOAN DRIVE |
| 31 Oct 2022 | £237,443 | £240,000 | FLAT 6 FRANCES HOUSE LONDON ROAD |
| 1 Jul 2022 | £250,675 | £250,000 | FLAT 14 FRANCES HOUSE LONDON ROAD |
| 14 Apr 2022 | £236,854 | £230,000 | FLAT 7 FRANCES HOUSE LONDON ROAD |
| 10 Sep 2021 | £307,114 | £285,000 | 17 MINOAN DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Shoplifting | Under investigation | On or near Shopping Area |