£633,402
This estimated value is based upon the latest sale price for the house of £399,995 on 17 Feb 2014. 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 |
|---|---|
| £399,995 | 17 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 February 2014 the House Price Index for HERTFORDSHIRE was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £399,995 results in an estimated price of approximately £633,402.
| 17 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £399,995 | £233,407 | £633,402 |
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 | 67.691 % | £270,760 | £670,755 |
| 3 Month Average | 54.159 % | £216,631 | £616,626 |
| 6 Month Average | 40.750 % | £162,999 | £562,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £587,512 | £580,000 | 39 SHEARWATER ROAD |
| 1 Sep 2023 | £886,333 | £875,000 | 25 SHEARWATER ROAD |
| 1 Sep 2023 | £597,641 | £590,000 | 7 SHEARWATER ROAD |
| 31 Mar 2023 | £540,088 | £535,000 | 61 SHEARWATER ROAD |
| 11 Jan 2023 | £592,210 | £595,000 | 65 CHIPPERFIELD ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 18 Dec 2012. Using an estimated price of £633,402 means this house is valued at £4,691 per sq meter (£435 per sq foot).
The average size of a house on SHEARWATER ROAD is 148 sq meters (1,594 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Avocet Road | |
| Feb 2024 | Anti-social behaviour | On or near Avocet Road | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shearwater Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near West Valley Road |
| Mar 2024 | Anti-social behaviour | On or near Manorville Road |