£363,918
This estimated value is based upon the latest sale price for the house of £360,000 on 21 Apr 2023. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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24 High Street Green, Hemel Hempstead, HP2 7AQ
Phone: 01442493230
| Price Paid | Date |
|---|---|
| £360,000 | 21 Apr 2023 |
| £270,000 | 19 Oct 2018 |
| £180,000 | 22 Aug 2008 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 April 2023 the House Price Index for HERTFORDSHIRE was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £360,000 results in an estimated price of approximately £363,918.
| 21 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £360,000 | £3,918 | £363,918 |
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 | 14.627 % | £52,656 | £412,656 |
| 3 Month Average | -3.293 % | £-11,853 | £348,146 |
| 6 Month Average | -7.214 % | £-25,969 | £334,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £567,253 | £560,000 | 10 HYBURN CLOSE |
| 21 Jul 2023 | £516,958 | £510,000 | 2A ASHMORE GARDENS |
| 13 Jul 2023 | £689,277 | £680,000 | 11 ASHMORE GARDENS |
| 7 Jun 2023 | £319,875 | £316,000 | 19 RITCROFT DRIVE |
| 27 Apr 2023 | £682,347 | £675,000 | 34 NEW PARK DRIVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 31 Jul 2018. Using an estimated price of £363,918 means this house is valued at £5,198 per sq meter (£482 per sq foot).
The average size of a house on RITCROFT CLOSE is 80 sq meters (864 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ritcroft Close |
| Dec 2023 | Anti-social behaviour | On or near Ritcroft Close | |
| Dec 2023 | Anti-social behaviour | On or near Ritcroft Close | |
| Dec 2023 | Anti-social behaviour | On or near Ritcroft Close | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ritcroft Close |