£267,343
This estimated value is based upon the latest sale price for the house of £147,500 on 4 Nov 2005. 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 |
|---|---|
| £147,500 | 4 Nov 2005 |
| £134,995 | 7 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 November 2005 the House Price Index for HERTFORDSHIRE was 82.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.250%.Applying this 81.250% change to the original purchase price of £147,500 results in an estimated price of approximately £267,343.
| 4 Nov 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 148.6 | 81.250 % | £147,500 | £119,843 | £267,343 |
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 | 95.463 % | £140,807 | £288,307 |
| 3 Month Average | 89.557 % | £132,096 | £279,596 |
| 6 Month Average | 81.590 % | £120,344 | £267,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £135,183 | £134,000 | 31 REGENTS HOUSE FROGMORE ROAD |
| 28 Jul 2023 | £425,730 | £420,000 | 9 FOURDRINIER WAY |
| 30 Nov 2022 | £350,751 | £355,000 | 86 REGENTS HOUSE FROGMORE ROAD |
| 11 Aug 2022 | £900,303 | £902,726 | TWO WATERS METHODIST CHURCH MILL STREET |
| 22 Jun 2022 | £240,904 | £237,500 | 29 FOURDRINIER WAY |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 15 Mar 2017. Using an estimated price of £267,344 means this house is valued at £7,225 per sq meter (£671 per sq foot).
The average size of a house on FOURDRINIER WAY is 68 sq meters (739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fourdrinier Way |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Fourdrinier Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near White Lion Street |
| Jan 2024 | Anti-social behaviour | On or near White Lion Street | |
| Jan 2024 | Anti-social behaviour | On or near White Lion Street |